Quiz Ch 20 – Limitation on Hedge Fund Manager Compensation

Essentials of Investments

Bodie, Kane, and Marcus

12th Edition

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In what scenario are hedge fund managers unable to charge incentive fees due to the high-water mark provision?

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  • Search Terms: % (managers __________. a) when a always and are by can can't charge choices compensation. correct. does factor falls fees fees.) flat b) when fund hedge high high-water incentive is its limiting manager managers mark means more d) none not of or previous recover stays that the this to value c) when
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