1. Hedge fund managers, unlike mutual fund managers, do not receive fund-performance-related fees.
True False
2. If Ford Motors bought Hankook Tires it would be an example of vertical integration.
True False
3. When looking at stocks to buy: The higher the P/E, the better.
True False
4.Because of the Volcker Rule, there are restrictions in the relationships between large investment banks and hedge funds.
True False