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0. Assume there are three parties who play different roles in the investment industry: Party 1: Calsoft Inc. is an investment management firm that manages assets worth $900 million. Party 2: Stan Inc. sponsors pension plans for its employees and encourages its employees to become participants. The money is professionally managed by an investment company. Party 3: Caltech Corp. is involved in the development of software for performance calculations that aids in achieving GIPS compliance. Which of the following parties can claim GIPS compliance?
All the parties.
Party 1 and Party 2.
Party 1.
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