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

question 43

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 $1,000,000 and ended the year at 1,120,000?

• A) 8.96%
• B) 10.96%
• C) 11.30%
• D) 12.00%

Comprehend the legal framework for managing employment discrimination and workers' rights.

Understand the objectives and benefits of management development programs.

Recognize the importance of the job application process and its role in preventing bad hiring decisions.

Understand how flexible work plans can influence absenteeism and work productivity.

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Definitions:

Systematic Tendency

A consistent, directional bias or movement in a series of data or measurements, often due to a specific cause.

Individuals

Single entities or members of a population being studied or considered in a statistical or observational analysis.

Characteristics

Distinctive traits, qualities, or attributes that identify and distinguish something or someone.

Random Sample

A subset of individuals chosen from a larger set where each individual has an equal chance of being selected.