Question $4(1$ point$)$

Christopher, a good friend of yours, desires to invest with a hedge fund manager. Before he is able to do so$,$ which of the following criteria must he meet to become an accredited investor?

Earned income must exceed $$500,000/$ Net worth must exceed $$5$ milion

Earned income must exceed $$250,\frac{000}{?}$ Net worth must exceed $$1\mathrm{.}5$ milion

Earned income frist exceed $$300,\frac{000}{?}$ Net worth must exceed $$2$ milion

$$ Earned income must exceed $$200,000/$ Net worth must exceed $$1$ milion