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With a high watermark of $500 mil, the NAV of a fund must reach before the hedge fund can charge an incentive fee. a.
With a high watermark of $500 mil, the NAV of a fund must reach before the hedge fund can charge an incentive fee. a. 100% O b. 120% C. 90% O d. 110% % of $500 mil
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The correct answer is option d 100 High watermark helps the investor ...
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Elementary Statistics A Step By Step Approach
Authors: Allan Bluman
8th Edition
73386103, 978-0073386102
