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Please show work, I will be sure to rate! Thank you! Here are data on three hedge funds. Each fund charges its investors an incentive

Please show work, I will be sure to rate! Thank you! Here are data on three hedge funds. Each fund charges its investors an incentive fee of \( 20 \% \) of total returns. Suppose initially that a fund of funds (FF) manager buys equal amounts of each of 1 answer

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