Question 1 1 pts Which of the following best describes the 2/20 fee that is used by most hedge funds? The fund pays a 2% management fee and gives 20% of the profits to the investor. The fund pays a 2% management fee and keeps 20% of the profits. The investor pays a 2% management fee and receives 20% of the profits. The investor pays a 20% management fee and receives 80% of the profits. The investor pays a 2% management fee and gives 20% of the profits to the fund manager