Raptor Partners, an hedge fund based in New York, runs a long-short equity portfolio. The following table summarizes the beginning and ending values of its long and short positions.

                   Beginning                     Ending

Long        $ 1,000,000.00        $ 1,150,000.00

Short       $ 300,000.00             $ 250,000.00

The portfolio return for Raptor Partners is:

Answer rating: 100% (QA)

Calculate the portfolio return for Raptor Partners as follow... View the full answer