3. Fee Structure (LO2, CFA1) A hedge fund has a 2/20 fee structure. If the fund has...

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3. Fee Structure (LO2, CFA1) A hedge fund has a 2/20 fee structure. If the fund has $12 million of assets under management, what is the yearly management fee?

a. $24,000

b. $240,000

c. $1,320,000

d. $2,400,000

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Fundamentals Of Investments Valuation And Management

ISBN: 9781260013979

9th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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Question Posted: Jul 25, 2024 09:00 AM

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3. Fee Structure (LO2, CFA1) A hedge fund has a 2/20 fee structure. If the fund has...

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Fundamentals Of Investments Valuation And Management

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