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Question
question 32 0.1 pts a mutual fund that is organized as a limited partnership with high minimum investments is called a money market mutual fund. hedge fund. investment bank. mutual savings bank.
Brief Explanations
To solve this, we analyze each option:
- A money market mutual fund invests in short - term debt securities and has relatively low minimum investments, so it's not the answer.
- A hedge fund is typically organized as a limited partnership and has high minimum investment requirements, which matches the description.
- An investment bank is a financial institution that helps with underwriting, mergers, etc., and is not a mutual fund organized as a limited partnership with high minimum investments.
- A mutual savings bank is a type of bank that focuses on savings and loans, not a mutual fund with the described characteristics.
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B. hedge fund.