Hedge fund managers charge very high fees,generally taking ________ of the assets under management (even when the fund loses money) along with ________ of the profits-and some take even more.
A) 1 percent; 10 percent
B) 2 percent; 10 percent
C) 2 percent; 20 percent
D) 5 percent; 25 percent
Correct Answer:
Verified
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