NO.PZ2023112401000004
问题如下：
Which of the following statements is least accurate about hedge funds?
选项：
A.Merger arbitrage strategies generally assume that an acquirer will be overpaying for the target. B.Event-driven hedge funds flourish in a stable market environment, where minor deviations in asset prices quickly converge toequilibrium. C.An activist strategy expects to realize higher returns due to the manager being more effective in driving the corporate policies or strategic direction of the investment.解释：
B is correct because it is the least accurate statement. Event-driven hedge funds thrive in a rising market environment with a high level of corporate activity in a strong economy. These are the times that accelerate merger and acquisition activity.
A and C are accurate statements.
C是说activist影响manager让manager变更有效了吗？
