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A mutual fund has $247 million dollars in assets, 20 million shares outstanding, and a total expense ratio of 0.46 percent. If during the past
A mutual fund has $247 million dollars in assets, 20 million shares outstanding, and a total expense ratio of 0.46 percent. If during the past year the fund has bought and sold $178 million worth of assets, what is the fund's turnover rate?
Enter answer in percents, accurate to two decimal places.
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