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A hedge fund following the 2 & 20 approach has $150 Billion under management. Assuming the fund has not earned any profits over the past

A hedge fund following the 2 & 20 approach has $150 Billion under management. Assuming the fund has not earned any profits over the past year how much will it earn in fees?

$20,000,000

$3,000,000,000

$117,000,000,000

$30,000,000,000

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