______ Are Private Partnerships of Small Number of Wealthy Investors

question 19

Multiple Choice

______ are private partnerships of small number of wealthy investors who are organized as private partnerships,often subject to lock-up period,and allowed to pursue a wide range of investment activities.

• A) Hedge funds
• B) Closed-end funds
• C) REITs
• D) Mutual funds

---

Definitions:

Exponentially Distributed

A statistical distribution used to model the time between events in a Poisson process, describing the time until some specific event occurs.

Probability

The assessment of the probability of an event happening.

Poisson Model

A statistical model used to predict the count of events that happen independently and with a known constant mean rate.

Exponential Distribution

A probability distribution used to model time until an event occurs, assuming events happen independently at a constant average rate.