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A hedge fund with $ 2 . 4 billion of assets charges a management fee of 1 % and an incentive fee of 1 0
A hedge fund with $ billion of assets charges a management fee of and an incentive fee of of returns over a money market rate, which currently is
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Calculate total fees, both in dollars and as a percent of assets under management, for the portfolio returns in the table below. Note: Enter your answers for Total Fee $ millions in millions not dollars. Round your answers to decimal places.
tabletablePortfolio Rate ofReturn tableTotal Fee$ milliontableTotal Feeabcd
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