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A hedge fund with net asset value of $101 per share currentlyhas a high water mark of $108. Suppose it is January 1, thestandard deviation

A hedge fund with net asset value of $101 per share currentlyhas a high water mark of $108. Suppose it is January 1, thestandard deviation of the fundâ??s annual returns is 35%, and therisk-free ra 2 answers

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