Consider a 1-year investment agreement that follows an 80/20 split as long as an 8% preferred coupon
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Question:
Consider a 1-year investment agreement that follows an 80/20 split as long as an 8% preferred coupon is paid. If the investor contributes 95% of the money and the fund contributes the remaining 5%, what will be the percent return to the fund if the investment yields 10%.
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