An individual divides an investment between hedge funds that earn (before fees) -15%, -11%, +15%, +25%, +27%, and +31%.All hedge funds charge 2 plus 20%. What is the overall return on the investments? How is it divided between the hedge fund and the investor? How does your answer change if a fund of funds charging 1 plus 5% is used. (Assume that the fund of fund incentive fee applies to the net (after fees) profits from the hedge funds.)