Reference- Alternate Investment- Learning Module 2 how does the question 1 on page 53 and question 6 on page 59 differ from each other. Because both of them have the same concept but the calculation is different.
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If we have a high water mark and a hard hurdle both. We will apply hard hurdle on the high watermark or the initial fund value? (reference- Alternate Inv-Leraning module 2- pg 60- question 7)
Can someone explain the calculation of soft hurdle and hard hurdle.
can someone please the calculation of this question? how did the 4 million come?