A hedge fund has a 2/20 fee structure. If the fund has $12 million of assets under

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A hedge fund has a 2/20 fee structure. If the fund has $12 million of assets under management, what is the yearly management fee?

a. $24,000

b. $240,000

c. $1,320,000

d. $2,400,000.

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Fundamentals Of Investments Valuation And Management

ISBN: 9781266824012

10th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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Question Posted: Jan 01, 2024 01:46 PM

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A hedge fund has a 2/20 fee structure. If the fund has $12 million of assets under

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Fundamentals Of Investments Valuation And Management

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