You manage a hedge fund with $400 million in assets. your fee structure provides for a 1% annual management fee with a 20% incentive on returns over an 8% benchmark. if the fund value is $445 million at the end of the year, what is your fee? group of answer choices

Which of the following best describes why you need to establish goals for your program?

The prebisch–singer hypothesis concludes that: a. technology lowers the cost of manufactured products, so developing countries should see an increase in their terms of trade. b. developing countries experience a long-run decline in their terms of trade, as the demand for primary products in higher-income countries declines relative to their demand for manufactured goods. c. because of unfair trading practices, labor in developing countries is exploited. d. opec has been responsible for a slowdown in the world's standard of living.

Which of the following is not an example of one of the four mail advantages of prices on a free market economy