Question: 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? $24,000

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?

$24,000

$240,000

$1,320,000

$2,400,000

You have identified a rental property that you would like to purchase. If your cap rate is 12 percent and you estimate the propertys NOI to be $190,000, what is the maximum price you would pay?

$22,800

$190,000

$1.58 million

$15.8 million

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