A hedge fund with $1 billion of assets charges a management fee of 2% and an incentive
Question:
a. 2 5%
b. 0
c. 5%
d. 10%
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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