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A mutual fund sold $ 1 5 8 million of assets during the year and purchased $ 1 3 2 million in assets. If the

A mutual fund sold $158 million of assets during the year and purchased $132 million in assets. If the average daily assets of the fund
were $496 million, what was the fund turnover? (Enter your answer as a percent rounded to 2 decimal places.)
Fund turnover
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