A hedge fund has $$1$b of assets under management. It follows the $2/20$ reward regime, and has a $10\%$ benchmark. Calculate its total fees, in $ and $\%,$ if the return for the year were $20\%.$ Ans.: $$\_\_\_\_$m; $\_\_\_\_\_\%.$

Group of answer choices

$20$; $2$

$40$; $5$

$40$; $4$

$30$;$2$