Hedge Fund Managers Charge Very High Fees,generally Taking ________ of the Assets

Multiple Choice

Hedge fund managers charge very high fees,generally taking ________ of the assets under management (even when the fund loses money) along with ________ of the profits-and some take even more.

A) 1 percent; 10 percent
B) 2 percent; 10 percent
C) 2 percent; 20 percent
D) 5 percent; 25 percent