Question 26 (1 point) Suppose you join CIBC after your graduation. You are assigned an asset fund to manage where you can generate an alpha of 2% a year up to $500 million of invested capital. After that amount, your skills are spread too thin, so you cannot add value and your alpha is zero for all investments over $500 million. CIBC charges a fee of 0.80% on the total amount of money under management. Assume that there are always investors looking for positive alpha investments and no Investor would invest in a fund with a negative alpha. Assume that the fund is in equilibrium, meaning that no investor either takes out money or wishes to invest new money into the fund. The alpha that investors in your func expect to receive is: A)-0.80% B) 8.00% C) 0.80% D)-8.00% A MacBook Pro R $ 5 6 ON 8 9 R T Y U O F H J K L V B N