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| How much will a PE fund manager earn in management fees during the life of a fund if ( i ) it raised $

|How much will a PE fund manager earn in management fees during the life of a fund if (i) it raised $10B,(ii) has an investment period of 4 years, (iii) charges a 1.75% management fee, and (iv) has a termof10years?
a.
$1.75B
b.
$1.40B
c.
$700M
d.
$2.00B

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