Multiple Choice
Which of the following is (are) true about hedge funds?
I. They are open to institutional investors.
II. They are open to wealthy individuals.
III. They are more likely than mutual funds to pursue simple strategies.
A) I and II only
B) I and III only
C) II and III only
D) I, II, and III
Correct Answer:
Verified
Correct Answer:
Verified
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