Question: Describe whether the following statements are true or false.
[A] Derivative transactions are designed to increase risk and are used almost exclusively.
[B] The New York Stock Exchange is an example of a stock exchange that has a physical location.
[C] A larger bid-ask spread means that the dealer will realize a lower profit.
[D] Hedge funds generally charge higher fees than mutual funds.
[E] Hedge funds have traditionally been highly regulated.
[F] The efficient market hypothesis assumes that all investors are rational.