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A long/short equity fund has a gross exposure of 160% and a net exposure of 100%. The relative long and short positions are: A. 100%

A long/short equity fund has a gross exposure of 160% and a net exposure of 100%. The relative long and short positions are: A. 100% and 60%. B. 130% and 30%. C. 160% and 60%. D. 160% and 100%.

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