Series 7 - General Securities Representative Exam

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In a Hedge Fund's disclosures, it mentions a semiannual lockup period. During this period, the Hedge Fund is

Oversold
A
Overbought
B
Illiquid
C
Oversubscribed
D

Explanations

In a lockup period, redemptions cannot be made. The investment is illiquid during this time.

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