Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 6 of 15
Assume a "2 and 20" compensation structure with 8% hurdle rate and a catch-up clause. The partnership has earned a 20% profit. How much can the GP get? A. 2.4%
B. 4%
C. 6%
User Contributed Comments 0
You need to log in first to add your comment.
I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
describe investment ownership and compensation structures commonly used in alternative investments
CFA® 2025 Level I Curriculum, Volume 5, Module 1.