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14. Bright Bridge Capital has an average daily assets of 3.4 billion. The fund manager sold 550 million assets and purchased 600 million assets. What

14. Bright Bridge Capital has an average daily assets of 3.4 billion. The fund manager sold 550 million assets and purchased 600 million assets. What is the turnover ratio? a) 161.8% b 16.18% c) 17.65% d) 176.5%

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