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A Hedge Fund Sets Its Fee at 2% and a 20

Question 50

Multiple Choice

A hedge fund sets its fee at 2% and a 20% carry with an 8% benchmark. What is the Net IRR to the investors if over the course of a year if AUM started at $4,000,000 and ended the year at 5,300,000?


A) 28.65%
B) 26.87%
C) 24.95%
D) 22.00%

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