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A hedge fund charges a management fee of 2% and an incentive fee of 20% for the performance over the money market interest rate. Compute

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A hedge fund charges a management fee of 2% and an incentive fee of 20% for the performance over the money market interest rate. Compute your total after-fee returns from investing $100,000 in a fund that has made a 20% return above the money market interest rate. a Assume that the money market rate is 0%. a. $20,000 O b. $14,000 c. $16,000 O d. $18,000

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