How does a hedge fund differ from a traditional mutual fund? What are the two types of hedge funds and how are their requirements for participation different? What is the difference between a mutual...

How does a hedge fund differ from a traditional mutual fund? What are the two types of hedge funds and how are their requirements for participation different? What is the difference between a mutual fund and a money market mutual fund?

Are investment banks fi nancial intermediaries? Explain why or why not.