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13. If a fund manager has the opportunity to receive a fee as an added incentive to enhance the performance of the fund, the amount

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13. If a fund manager has the opportunity to receive a fee as an added incentive to enhance the performance of the fund, the amount of the fee may be based on the extent to which the performance of the fund exceeds an agreed upon hurdle rate of return. Such a fee is referred to as a: (D) a. Bonus b. Hurdle fee c. Fiduciary fee d. Promote

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