An investment is projected to have a 0.80 probability of a 18% profit and a 0.20 probability
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Question:
An investment is projected to have a 0.80 probability of a 18% profit and a 0.20 probability of an 8% loss. The hedge fund has a fee structure of 4 plus 25%.
Calculate the expected return for the following
1-The hedge fund
2- The investor
Related Book For
Essentials of Business Analytics
ISBN: 978-1285187273
1st edition
Authors: Jeffrey Camm, James Cochran, Michael Fry, Jeffrey Ohlmann, David Anderson, Dennis Sweeney, Thomas Williams
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