Question: Item 9 Given the following fee structure, what is the total amount of fees that would be paid to a fund manager if the actual

Item 9 Given the following fee structure, what is the total amount of fees that would be paid to a fund manager if the actual NOI was $45 million annually? 5.5 percent up to $20 million in annual NOI 5.0 percent for the next $15 million in annual NOI 4.5 percent for the next $10 million in annual NOI 4.0 percent for all over $45 million in annual NOI

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