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Basic Question 5 of 9
Continue with the previous question. Now suppose that after year two the investment value is up to $1,200,000. What are the fees charged by the fund?
B. $88,000.
C. $100,400.
A. $64,000.
B. $88,000.
C. $100,400.
User Contributed Comments 2
| User | Comment |
|---|---|
| khalifa92 | incentive fee aint net of management fee until its mentioned |
| REllis | There was also no mention of a high water mark value... this question is stupid |
I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt
Learning Outcome Statements
calculate and interpret alternative investment returns both before and after fees
CFA® 2025 Level I Curriculum, Volume 5, Module 2.