A hedge fund with $1 billion of assets charges a management fee of 2% and an incentive fee of 20% of returns over a money market rate, which currently is 5%. Calculate total fees, both in dollars and as a percent of assets under management, for portfolio returns of: (Enter your answers in millions.)

	Portfolio Rate of Return (%)	Total Fee ($ million)	Total Fee (%)
a.	5
b.	0
c.	5
d.	10