blob9377 blob9377
  • 03-08-2021
  • Business
contestada

Suppose money invested in a hedge fund earns 1% per trading day. There are 250 trading days per year. What will be your annual return on $100 invested in the fund if the manager allows you to reinvest in the fund the 1% you earn each day

Respuesta :

maralinemanahan
maralinemanahan maralinemanahan
  • 03-08-2021
Net: annual investment return is $250
Revenue : Annual Investment return $350
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