The hedge funds AUM is $100 million. The fund has a typical two and twenty fee structure. The funds benchmark, Barclays Hedge Fund Index, showed a return of 29.5% for 2021, while the hedge fund itself was able to generate a return of 15.5% during the same period. How much fees does an investor in this hedge fund pay for the year 2021? a) 2.00% b) 2.20% c) 4.80% d) 7.90%