Which of the following is not a characteristic of hedge


1. Which of the following is not a characteristic of hedge funds? (versus mutual funds)

A. Use of leverage

B. Limited liquidity

C. Less regulation

D. Low fees

2. Find the future value of an investment of $2,500 made today for the following rates and periods:

A. 6.25 percent compounded semiannually for 12 years

B. 7.63 percent compounded quarterly for 6 years

C. 8.9 percent compounded monthly for 10 years

D. 10 percent compounded daily for 3 years

E. 8 percent compounded continuously for 2 year

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Financial Management: Which of the following is not a characteristic of hedge
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