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The API Fund currently has assets under management of $450 million. If the company uses a 2/20 fee structure, what is the yearly management fee?
The API Fund currently has assets under management of $450 million. If the company uses a 2/20 fee structure, what is the yearly management fee?
| A) $4,500,000 | ||
| B) $1,900,000 | ||
| C) $9,000,000 | ||
| D) $14,000,000 |
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International Finance Transactions Policy And Regulation
Authors: Hal Scott, Anna Gelpern
21st Edition
1634602048, 978-1634602044
