With a high watermark of $500 mil, the NAV of a fund must reach before the...
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With a high watermark of $500 mil, the NAV of a fund must reach before the hedge fund can charge an incentive fee. a. 100% O b. 120% C. 90% O d. 110% % of $500 mil With a high watermark of $500 mil, the NAV of a fund must reach before the hedge fund can charge an incentive fee. a. 100% O b. 120% C. 90% O d. 110% % of $500 mil
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The correct answer is option d 100 High watermark helps the investor ... View the full answer
Related Book For
Elementary Statistics A step by step approach
ISBN: 978-0073386102
8th edition
Authors: Allan Bluman
Posted Date:
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