8. Turnover (LO2, CFA1) A mutual fund sold $36 million of assets during the year and purchased...

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8. Turnover (LO2, CFA1) A mutual fund sold $36 million of assets during the year and purchased

$32 million in assets. If the average daily assets of the fund were $96 million, what was the fund turnover?

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Fundamentals Of Investments Valuation And Management

ISBN: 9781260013979

9th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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Question Posted: Jul 24, 2024 05:03 AM

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8. Turnover (LO2, CFA1) A mutual fund sold $36 million of assets during the year and purchased...

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Fundamentals Of Investments Valuation And Management

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