Justify why a small investor would benefit from investing in a mutual fund, as compared to the many other investments that exist.

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Justify why a small investor would benefit from investing in a mutual fund, as compared to the many other investments that exist. Provide support for your justification.

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b) Take a position on the benefits and risks of a mutual fund versus a hedge fund, indicating if a financial manager is most likely to invest in a mutual fund or a hedge fund. Support your answer.