Please answer all Questions and provide working out

The following losses are ranked from highest to lowest for 500 scenarios. What is the 99% expected shortfall if the weight given to Scenario i is ni(1)/(1n) ? Assume =0.995 a. 408,415 b. 327,181 C. 400,914 d. 368,493 Clear my choice A hedge fund charges 2 plus 20%. Assume that the incentive fee is paid on the net return after management fees have been subtracted. How much does the hedge fund have to earn to provide investors a return after fees of 10% ? a. 20% b. 14.5% c. 12.5% d. 2%