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Business, 26.12.2019 02:31 ptrlvn01

Consider a hedge fund with $200 million at the start of the year. the benchmark s& p 500 index was up 16.5% during the same period. the gross return on assets is 21%, and the expense ratio is 2%. for each 1% above the benchmark return, the fund managers receive a .1% incentive bonus. what was the annual return on this fund?

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Consider a hedge fund with $200 million at the start of the year. the benchmark s& p 500 index w...
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