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A mutual fund has $212 million dollars in assets, 25 million shares outstanding, and a total expense ratio of 1.76 percent. If during the past

A mutual fund has $212 million dollars in assets, 25 million shares outstanding, and a total expense ratio of 1.76 percent. If during the past year the fund has bought and sold $140 million worth of assets, what is the fund's turnover rate?

Enter answer in percents, accurate to two decimal places.

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