Hedge funds follow investment strategies

Assignment Help Financial Management

Reference no: EM131883028

1. Hedge funds follow investment strategies such as

a. acquiring shares in mutual funds

b. shorting "overvalued" stocks while buying "undervalued" stocks.

c. limiting their portfolios to money market instruments

d. underwriting new issues (IPOs)

2. You want to buy a sport car from Houston Motor for $61,000. The contract is in the form of a 60-month annuity due at an 8.15 percent APR. What will be your monthly payment?

a. $1232.87

b. $1995.50

c. $2954.25

d. $1765.95

Reference no: EM131883028

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