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Which of the following is not a correctly stated concerning hedge funds and mutual funds? A. Mutual funds are registered with the SEC, while hedge

Which of the following is not a correctly stated concerning hedge funds and mutual funds?

A. Mutual funds are registered with the SEC, while hedge funds are not.

B. Unlike mutual funds, hedge funds borrow significant amounts of their capital.

C. Unlike mutual funds, hedge funds concentrate their investment in very few areas.

D. Both hedge funds and mutual funds are open to all investors.

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