6. Are the following statements true or false? Why? Make sure you explain your answers briefly (4 points in total) a. Hedge fund make highly risky investments therefore they are subject to mote stringent regulatioas than mutual funds. b. An investment bank is a financial institution and a financial intermediary c. Derivative transactions are designed to increase risk and are used exclusively by speculators who are looking to capture high returns d. A equity RETT (Real Estate Investment Trusts) specialize in the investment of mortgage loans and mortgage backed securities