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A Hedge Fund Is A(n) ___________ Investment Company That Sells

Question 6

Multiple Choice

A hedge fund is a(n) ___________ investment company that sells its shares to ___________.


A) Registered; the general public
B) Registered; only to a limited number of financially sophisticated investors
C) Open-end; the general public
D) Unregistered; a limited number of private investors
E) Close-end; only a limited number of financial institutions

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