Which of the following are accredited investors?
An individual whose net worth, excluding the value of her principal residence, is greater than $1 million.
An individual whose income was greater than $200,000 in each of the 2 most recent years with a reasonable expectation of reaching that level again this year.
Any organization not formed for the purpose of purchasing securities with a net worth in excess of $5 million.
A newly formed open-end investment company with net assets of $600,000.
A) I, II and III.
B) III and IV.
C) I, II, III and IV.
D) I and II.
Answer: C) I, II, III and IV.