The API Fund Currently Has Assets Under Management of $450

question 45

Multiple Choice

The API Fund currently has assets under management of $450 million. If the company uses a 2/20 fee structure, what is the yearly management fee?

• A)$140,000
• B)$1,400,000
• C)$1,440,000
• D)$14,000,000
• E)$14,400,000

---

Definitions:

Narrative Literature Review

A comprehensive analysis and synthesis of published material on a specific topic, presented in a narrative format.

Failure To Replicate

The phenomenon where a study's findings cannot be reproduced under the same conditions, raising questions about the reliability of the original results.

Generalizable

Pertains to the ability of research findings to be applicable to broader populations or different contexts beyond the study sample.

Literature Reviews

Comprehensive surveys of existing research on a particular topic, typically used to establish a foundation for new research.