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Business, 09.07.2019 21:00 christophercordero15

The new fund had average daily assets of $3.8 billion in the past year. the fund sold $416 million and purchased $516 million worth of stock during the year. what was its turnover ratio? (round your answer to 2 decimal places.)

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The new fund had average daily assets of $3.8 billion in the past year. the fund sold $416 million a...
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