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Given Percentage of earning on per trading day, calculation of annual return.

Suppose a hedge fund manager earns 0.5% per trading day. There are 250 trading days in a certain year. Assuming she allows you to reinvest in her fund the 0.5% you earn every day, what will be the annual return on $300 invested in her fund?

A)     3.48%

B)     198.3%

C)     247.95%

D)     .5%

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