Spend on security analysis

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You are an investment manager who is currently managing assets worth $6 billion. You believe that active management of your fund could generate between an additional one tenth of one percent return on the portfolio. If you want to make sure your active strategy adds value, how much can you spend on security analysis?

a) $6,000,000

b) $5,000,000

c) $3,000,000

d) $0

Reference no: EM13146293

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