A ________ Is a Private Investment Pool Open Only to Wealthy

question 25

Multiple Choice

A ________ is a private investment pool open only to wealthy or institutional investors that is exempt from SEC regulation and can therefore pursue more speculative policies than mutual funds.

• A) commingled pool
• B) unit trust
• C) hedge fund
• D) money market fund

---

Definitions:

Quantified Existential

A logical expression that asserts the existence of at least one instance of a certain property or classification.

Open Sentence

An algebraic expression that contains at least one variable and becomes either true or false when specific values are substituted for the variables.

Closed Sentence

In logic and mathematics, a statement or expression that is either always true or always false, containing no free variables.

Constant

A value that does not change in mathematical expressions or in programming, it represents fixed values.