HW: VF Ch$02$ VC Players $.1.2\mathrm{.}1$ Suppose that a $$200$M VC fund has a management fee of $2\mathrm{.}5$ percent per year for the first five years, with a reduction of $0\mathrm{.}25$ percent $(25$ basis points$)$ in each year thereafter. All fees are paid on committed capital, and the fund has a $10-$year life. What are the lifetime fees and investment capital for this fund?