15) If a hedge fund manager is engaged in trying to profit from global economic changes that have occurred due to government policy changes that affect currencies, interest rates, or commodity prices, which type of strategy is she following?

a) Market neutral. b) Arbitrage. c) distressed securities. d) Macro. e) Market timing

16) in which of the following steps would a venture capitalist formalize and agree upon the terms of a financing deal?

a) Valuation. b) deal structure c) value creation. d) deal flow. e) exit

17) You are considering the purchase of a commercial building that is nearby a comparable property that recently sold for $275,000. What is the cap rate for the property you are considering if the comparable property has an NOI of $35,000?

a) 19.94% b) 12.73. c) 13.49. d) 16.81. e) 19.71