1. Performance Fee (LO2, CFA1) High Rollers Hedge Fund has a standard 20 percent performance fee. If...
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1. Performance Fee (LO2, CFA1) High Rollers Hedge Fund has a standard 20 percent performance fee. If High Rollers were able to raise $10 million and generate a 25 percent return in its first year of operation, what would be the dollar amount of their performance fee?
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Related Book For 
Fundamentals Of Investments Valuation And Management
ISBN: 9781260013979
9th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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