If New Funds expense ratio (see the previous problem) was 1.1% and the management fee was .7%,

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If New Fund’s expense ratio (see the previous problem) was 1.1% and the management fee was .7%, what were the total fees paid to the fund’s investment managers during the year?

What were other administrative expenses? LOP5

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ISE Investments

ISBN: 9781266085963

13th International Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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