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This question relates to the understanding of Hedge Funds. a) Explain why are Hedge Funds considered Alternative Investment Class? b) Explain why Hedge Funds are
This question relates to the understanding of Hedge Funds.
a) Explain why are Hedge Funds considered Alternative Investment Class?
b) Explain why Hedge Funds are difficult to value compared to listed Equity or Bond securities.
c) Why does valuation difficulties result in agency cost?
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