51.1k views
3 votes
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

User JC Hulce
by
4.6k points

1 Answer

2 votes
Net: annual investment return is $250
Revenue : Annual Investment return $350
User Brian Fegter
by
4.5k points