Question
a fund has earned +4%, +12%, -2%, +10% over the past 4 years and its fee structure has been 2% of capital under management at
a fund has earned +4%, +12%, -2%, +10% over the past 4 years and its fee structure has been 2% of capital under management at the start of the year, each year. what is the funds before and after-fee 4 years effective annual performance?
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Finance Applications and Theory
Authors: Marcia Cornett
4th edition
1259691411, 978-1259691416
