The hedge fund's AUM is $200 million. The fund has a typical two and twenty fee structure. The fund's benchmark, Barclays Hedge Fund Index, showed a return of 15.5% for 2021, while the hedge fund itself was able to generate a return of 29.5% 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%