An investor would like to ensure that a hedge fund manager does not receive an annual incentive fee unless the fund’s net asset value (NAV) at the end of the year exceeds the NAV at the beginning of the year. What term best describes this incentive structure provision?

Generate two different sets of letters using the sample() function. Use set.seed() and repeat the previous commands. Take a screenshot of the console showing the code and results. Explain below the screenshot what happened?

BONUS: Which of the following is the SI unit of electrical charge?

BONUS: Prior to 1974, the NRC was known as the:

Market anomalies are caused by

Suppose an analyst is valuing two markets. Market A is a developed market, and Market B is an emerging market. The investor’s time horizon is five years. The other pertinent facts are:   Measure Value Sharpe ratio of the global portfolio 0.29 Standard deviation of the global portfolio 8% Risk-free rate of return 4.5% Degree of market integration for Market A 80% Degree of market integration for Market B 65% Standard deviation for Market A 18% Standard deviation for Market B 26% Correlation of Market A with global portfolio .87   Correlation of Market B with global portfolio .63   Estimated illiquidity premium for A 0   Estimated illiquidity premium for B 2.4   Referring to Table: What is the expected return in each market?

Beta can be defined as the slope of the line that explains the relationship between

Display your laptop’s memory and storage. Copy and paste a screenshot (or screenshots) showing both. 

Which of the following are functions of the Environment pane in RStudio? (Select all that apply)

The required rate of return on municipal bonds can be lower than on Treasury bonds because