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Which of the following statements regarding the differences between mutual funds and hedge funds are false? Hedge funds are allowed to sell short; mutual funds
Which of the following statements regarding the differences between mutual funds and hedge funds are false?
| Hedge funds are allowed to sell short; mutual funds are not allowed to sell short | ||
| Hedge fund managers get to keep a percentage of profits; mutual fund managers receive no incentive pay | ||
| Mutual funds are required to report holdings on a quarterly basis; reporting holdings is optional for hedge funds | ||
| Only sophisticated investors can invest in mutual funds; anybody can invest in hedge funds |
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