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Question 8: A hedge fund manager (with 2 plus 20% charge) is considering an investment with the following probabilites of returns. What would be the

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Question 8: A hedge fund manager (with 2 plus 20% charge) is considering an investment with the following probabilites of returns. What would be the expected return to the hedge fund manager if he undertakes the investment? How about the return to investors? Discuss the implicatSns. Probability 0,40 0,60 Return (%) 40 -60

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