Explain the meanings of the terms hurdle rate, highwater mark clause, and clawback clause when used in

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Explain the meanings of the terms hurdle rate, high–water mark clause, and clawback clause when used in connection with the incentive fees of hedge funds.

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Risk Management And Financial Institutions

ISBN: 9781119932482

6th Edition

Authors: John C Hull

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Question Posted: Mar 03, 2024 03:00 AM

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Explain the meanings of the terms hurdle rate, highwater mark clause, and clawback clause when used in

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Hurdle rate is the minimum return necessary for an incentive f...View the full answer

Risk Management And Financial Institutions

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