1) Which one of the following is the amount of money that an investor has committed to invest in a fund over its entire life?

a)guaranteed funds

b) guaranteed capital

c)inestors capital

d)committed funds

e) committed capital

2) For which of the following strategies do fund managers try to identify mispricing relationships between securities that, in theory, should not exist?

a) Market neutral

b) arbitrage

c) distressed securities

d) macro

e)marketing timing