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You are a high net worth indwoual imverting $25,000,000 in a hede fund. The hedge fund takes a management fee of 29 and a fierformance

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You are a high net worth indwoual imverting $25,000,000 in a hede fund. The hedge fund takes a management fee of 29 and a fierformance fee of 20k. W the return on the hedoe fund's thares diter one year is 26% what is your net annual rate of retum to the nearest basit point

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