Given the Following Fee Structure,what Is the Total Amount of Fees

question 5

Multiple Choice

Given the following fee structure,what is the total amount of fees that would be paid to a fund manager if the actual NOI was $45 million annually: 5.5% up to $20 million in annual NOI
5.0% for the next $35 million in annual NOI
4.5% for the next $45 million in annual NOI
4.0% for all over $45 million in annual NOI

• A)$2.3 million
• B)$1.1 million
• C)$2.0 million
• D)$1.8 million

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Definitions:

Skeletal Muscles

Muscles attached to the bones of the skeleton, responsible for voluntary movements of the body.

Internal Environment

Refers to the conditions and processes within an organism or system, often maintained within certain limits to ensure functionality.

Bilateral Body Plans

Symmetrical body plans in animals that have a distinct left and right side, along with a front and back.

Cephalization

The evolutionary trend towards concentrating sensory and neural organs at the anterior end of an organism.