Please answer below questions: Only one option is correct:

Q.1 A) With respect to venture capital, the term "mezzanine-stage financing" is used to describe the financing:

A) to prepare for an initial public offering.

B) to initiate commercial manufacturing.

C) that supports product development and market research.

Q1. B) Cathy Werner, CFA, is considering adding exposure to hedge funds to her portfolio of traditional Based on historical mean and standard deviation of hedge fund index returns and their correlation with traditional investment returns, Werner estimates the diversification benefits from allocating 5% of portfolio assets to hedge funds. Assuming her calculations are correct, Werner is most likely to:

A) overestimate the potential diversification benefits to the portfolio.

B) underestimate the potential diversification benefits to the portfolio.

C) accurately estimate the potential diversification benefits to the portfolio

Q.1 C ) A private equity firm that wants to receive money from a portfolio company without giving up control of the portfolio company is most likely to engage in a:

A) Trade sale.

B) secondary sale.

C)recapitalization.

Q1. D) The real estate index most likely to suffer from sample selection bias is a(n):

A) repeat sales index.

B) REIT index.

C) appraisal index.