THE MANAGEMENT FEE OF A PRIVATE EQUITY FUND THAT HAS NOT YET INVES...

45. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM AFTERNOON VERSIONB QUESTIONS 2014
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM AFTERNOON VERSIONB QUESTIONS 2014

45. The management fee of a private equity fund that has not yet invested all of its committed capital is

most likely based on:

A. remaining capital.

B. committed capital.

C. invested capital.