You Are an Investment Manager Who Is Currently Managing Assets

You are an investment manager who is currently managing assets worth $6 billion. You believe that active management of your fund could generate an additional one-tenth of 1% return on the portfolio. If you want to make sure your active strategy adds value, how much can you spend on security analysis?

A) $12,000,000
B) $6,000,000
C) $3,000,000
D) $0