the new fund had average daily assets of $2.3 billion in the past year. the fund sold $401 million and purchased $501 million worth of stock during the year. what was its turnover ratio? (round your answer to 2 decimal places.)

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07-10-2022
Business

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the new fund had average daily assets of $2.3 billion in the past year. the fund sold $401 million and purchased $501 million worth of stock during the year. what was its turnover ratio? (round your answer to 2 decimal places.)

Sagot :

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