Required: A hedge fund with $1.6 billion of assets charges a management fee of 3% and an incentive fee of 20% of returns over a money market rate, which currently is 4%. Calculate total fees, both in dollars and as a percent of assets under management, for portfolio returns of: (Enter your answers in millions rounded to 1 decimal place.) Portfolio Rate of Return (%) Total Fee Total Fee ($ million) (%) a. -4 b. C. 4. d.

Required: A hedge fund with $1.6 billion of assets charges a management fee of 3% and an incentive fee of 20% of returns over a money market rate, which currently is 4%. Calculate total fees, both in dollars and as a percent of assets under management, for portfolio returns of: (Enter your answers in millions rounded to 1 decimal place.) Portfolio Rate of Return (%) Total Fee Total Fee ($ million) (%) a. -4 b. C. 4. d.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Mansukh
Required: A hedge fund with $1.8 billion of assets charges a management fee of 3% and an incentive fee of 20% of returns over a money market rate, which currently is 6%. Calculate total fees, both in dollars and as a percent of assets under management, for portfolio returns of: (Enter your answers in millions rounded to 1 decimal place.) Portfolio Rate of Return (%) a. -1 b. 0 c. 6 d. 12 Total Fee ($ million) Total Fee (%)
Finance
Finance Suppose you are the money manager of a $4.94 million investment fund. The fund consists of four stocks with the following investments and betas: Stock Investment A В Beta 1.50 S 440,000 700,000 1,300,000 2,500,000 (0.50) 1.25 0.75 If the market's required rate of return is 13% and the risk-free rate is 6%, what is the fund's required rate of return? Do not round intermediate calculations. Round your answer to two decimal places. %
If a mutual fund's net asset value is $23.30 and the fund sells its shares for $25.00, what is the load fee as a percentage of the net asset value? Round your answer to two decimal places.....%
Stepwise pls
None
Please answer all 4 parts with explanations thx
26 Required: A hedge fund charges an incentive fee of 15% of any investment returns above the T-bill rate, which currently is 2.0% but is subject to a high water mark, In the first year, the fund suffers a loss of 10,5%, What rate of return must it earn in the second year to be eligible for an incentive fee? (Do not round intermediate calculations. Round your percentage answer to 2 decimal places.) Rate of return
Question 1) 니01K 12.t where m=1+7 B(t) =d() 12 m-l a) Mutual fund is carning an APR of What monthly deposit d is needed for a balnce 'of 2million dollars in 40years? Show work.
Calculate the sales charge (in $) and sales charge percent for the mutual fund. (Round percents to one decimal place.) Fund OfferPrice Net AssetValue SalesCharge SalesCharge % Northstar A: MuFl A $13.45 $12.81 $ %
Please give answer a & b And Don't give answer in image format