What is the difference between a mutual fund hedge fund


1. What is the difference between a Mutual Fund, Hedge Fund Brokerage Fund and an Investment Bank? Please provide example

2. What is a covered call? What is a futures contract?

3. What is the difference between a CFP and a CFA designation?

4. Appreciation of the euro relative to the U.S. dollar will cause a U.S.-based MNC's reported earnings (from the consolidated income statement) to ____. If a firm desired to reduce the exposure of its consolidated earnings to exchange rate movements, it could stabilize its reported earnings by ____ euros forward in the foreign exchange market.

a. be reduced; purchasing

b. be reduced; selling

c. increase; purchasing

d. increase; selling

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Financial Management: What is the difference between a mutual fund hedge fund
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