ABC Capital is a hedge fund with $100 million of intal investment capital. The fees maure of the funds Zand 20. Assume management fees are calculated using end of pened valuation. Dunng first year hedge fund registered a retum of 30%, What is an investorsetective retum eamed by nvestors of ABC if the incentive und management fees are calculated independently? 30% Jenica 2192% Segunda Jonas MarcaF210 72705230 214% Sonic-72205220 Sreca Haren 22/05290 224% Lot72162 Luca Maren 72105290 22/06 Jonica Blanc-72105290 John al 2100290 Jesica Hare 72/05290 Jenita Haren 22 405290 Hace 72105200 ca Haret - 72105290 05290