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    Financial Markets and Institutions Study Set 5
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    Exam 17: Investment Companies
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    How Are Hedge Fund Expenses Different from Mutual Fund Expenses
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How Are Hedge Fund Expenses Different from Mutual Fund Expenses

Question 62

Question 62

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How are hedge fund expenses different from mutual fund expenses? What are hurdle rates and high water marks at a hedge fund? Why are these used?

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Hedge funds charge the normal annual man...

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