A hedge und with 14 bilion o assets charges a management ee

A hedge und with $1.4 bilion o assets charges a management ee o 1% and an incentive ee of 20% o reurns o era money market rate which curren in dollars and as a percent of assets under management, for portfolio returns of: (Enter your answers in millions rounded to 1 decimal place.) S ic lat total ees, both Total Fee (S million) Total Fee Portfolio Rate of Return (%) -2 a. b. C. d.

Solution

portfolio rate of return total fee ($million) total fee(%) -2 14 1 0 14 1 3 14 1 8 28 2