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compute the total fee for a private equity fund assuming the management fee is 0.024 per year, the current interest is 0.2, the return on

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compute the total fee for a private equity fund assuming the management fee is 0.024 per year, the current interest is 0.2, the return on the PE funds portfolio before fees is 0.056. The funds uses a 0.05 hurdle rate. You can further assume that the PE fund is currently allowed to charge carried interest to all investors. No all numbers given in decimal form.

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