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16 of 20 (13 complete) HW Score: 65%, 13 of 20 pts Planning #3 (similar to): Expense Ratio Question Help Expense Ratio. Mark owns a

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16 of 20 (13 complete) HW Score: 65%, 13 of 20 pts Planning #3 (similar to): Expense Ratio Question Help Expense Ratio. Mark owns a mutual fund with a NAV of $31.07 per share and expenses of $1.15 per share. What is the expense ratio for Mark's mutual fund? The expense ratio for Mark's mutual fund is [% (Round to two decimal places.)

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