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If an Equity Long/Short Hedge Fund is managing $100mm of investor money, owns $100mm of stocks while also shorting $25mm of stock, the fund is

If an Equity Long/Short Hedge Fund is managing $100mm of investor money, owns $100mm of stocks while also shorting $25mm of stock, the fund is said to be invested ____________ gross and ____________ net?

Group of answer choices

125%; +75%

100%; 25%

None of these answers in correct

75%; + 100%

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