The following table outlines the set of monthly unit prices in Omega Hedge Fund: Month 1...
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The following table outlines the set of monthly unit prices in Omega Hedge Fund: Month 1 $16.70 Month 2 $15.83 Month 3 $18.26 Month 4 $17.43 Month 5 $17.94 Month 6 $19.87 This fund charges a performance fee of 20% of absolute positive returns, but is subject to a high watermark test. The fee is levied on a monthly basis. Calculate the performance fees earned per unit in dollar terms in each month. The following table outlines the set of monthly unit prices in Omega Hedge Fund: Month 1 $16.70 Month 2 $15.83 Month 3 $18.26 Month 4 $17.43 Month 5 $17.94 Month 6 $19.87 This fund charges a performance fee of 20% of absolute positive returns, but is subject to a high watermark test. The fee is levied on a monthly basis. Calculate the performance fees earned per unit in dollar terms in each month.
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Related Book For
International Financial Reporting and Analysis
ISBN: 978-1408075012
5th edition
Authors: David Alexander, Anne Britton, Ann Jorissen
Posted Date:
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