with $300 million in assets on January 1. Your fee structure 1% annual management fee with a 20% incentive on returns over a 12% You manage a hedge fund 8. provides for a benchmark. If the fund's value, before fees, is your total annual fee? A. $4,800,000; B. $5,400,000; $345 million at the end of the year, what is C. $6,600,000: D.$7,400,000; E.$8,600,000