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Home / Questions / The New Fund had average daily assets of $2.5 billion in thepast year. The fund sold $403

The New Fund had average daily assets of $2.5 billion in thepast year. The fund sold $403

The New Fund had average daily assets of $2.5 billion in thepast year. The fund sold $403 million and purchased $503 millionworth of stock during the year. What was its turnover ratio?

Dec 02 2019 View more View Less

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