A hedge fund with 1b of assets charges a mgt fee of 2 and


A hedge fund with $1B of assets charges a mgt fee of 2% and an incentive fee of 20% of returns over the money-market rate (which is currently 5%). Calculate total fees (in dollars and percent) for a return of 10%?

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Financial Management: A hedge fund with 1b of assets charges a mgt fee of 2 and
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