A hedge fund with net asset value of $62 per share currently has a high water mark

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A hedge fund with net asset value of $62 per share currently has a high water mark of

$66. Is the value of its incentive fee more or less than it would be if the high water mark were $67?

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Essentials Of Investments

ISBN: 9780697789945

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Question Posted: Jul 26, 2024 02:01 PM

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A hedge fund with net asset value of $62 per share currently has a high water mark

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Essentials Of Investments

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