Question
A hedge fund following the 2 & 20 approach has $150 Billion under management. Assuming the fund has not earned any profits over the past
A hedge fund following the 2 & 20 approach has $150 Billion under management. Assuming the fund has not earned any profits over the past year how much will it earn in fees?
| $20,000,000 | ||
| $3,000,000,000 | ||
| $117,000,000,000 | ||
| $30,000,000,000 |
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International Financial Management
Authors: Jeff Madura
7th Edition
0324071744, 978-0324071740
