Examine the following block of code:

Which two statements are correct about the code above? (Choose two.)
Select all that apply, then click Submit answer.
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The function goes through only the parse and executes phases.
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The function goes through the parse, bind, and execute phases.
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The function goes through the parse, bind, execute, and fetch phases.
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All the processing phases for the function are performed only at run time.
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Only the EXECUTE IMMEDIATE statement inside the function is parsed at run time.