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why may managed alternative investment result in higher agency cost? Explain how can (i) compensation and (ii) monitoring (by non regulatory bodies) help to lower
- why may managed alternative investment result in higher agency cost?
- Explain how can (i) compensation and (ii) monitoring (by non regulatory bodies) help to lower this agency cost? (Use the Incentive Fee in Hedge funds to demonstrate (i) and use hedge funds ability to leverage (borrow) to demonstrate (ii))
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Financial Modeling
Authors: Simon Benninga
2nd Edition
0262024829, 9780262024822
