You Are an Investment Manager Who Is Currently Managing Assets

Multiple Choice

You are an investment manager who is currently managing assets worth $6 billion.You believe that active management of your fund could generate between an additional one tenth of 1% return on the portfolio.If you want to make sure your active strategy adds value,how much can you spend on security analysis?

A) $12,000,000
B) $6,000,000
C) $3,000,000
D) $0