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1 - The investment policy of a fund only permits the fund to invest in public equities. Would the fund be able to purchase: (

1
- The investment policy of a fund only permits the fund to invest in public equities. Would the fund be able to purchase: (Yes or No)
a.
Common stock of a company that trades on a large stock exchange?
b.
Common stock of a public company that trades only through dealers?
c.
A government bond?
d.
A stock futures contract?
e.
A stock option contract?
f.
Shares in a privately held bank with $1 billion of capital.
2

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