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thank you for answering A hedge fund with $1 billon of assets charges a management fee of 2% and an incentive fee of 20% of

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A hedge fund with $1 billon of assets charges a management fee of 2% and an incentive fee of 20% of returns over a money market rate, which currently is 5%. For portfolio returns of 12%. calculate total fees as a Dollar amount of assets under management 34.000.000

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