You manage a hedge fund with 400 million in assets your fee


You manage a hedge fund with $400 million in assets. Your fee structure provides for a 1% annual management fee with a 20% incentive on returns over an 8% benchmark. If the fund value is $445 million at the end of the year, what is your fee?

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Business Law and Ethics: You manage a hedge fund with 400 million in assets your fee
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