A mutual fund sold $46 million of assets during the year and purchased $36 million in assets. If the average daily assets of the fund were \$136 million, what was the fund turnover? (Enter your answer as a percent rounded to 2 decimal places.) Answer is complete but not entirely correct. A sector fund specializing in commercial bank stocks had average daily assets of $7.4 billion during the year. This fund sold $3.11 billion worth of stock during the year, and its turnover ratio was .41. How much stock did this mutual fund purchase during the year? (Enter your answer in dollars not in billions, e.g., 1,234,567,891. A sector fund specializing in commercial bank stocks had average daily assets of $3.5 billion during the year. Suppose the annual operating expense ratio for the mutual fund is .85 percent, and the management fee is 40 percent. How much money did the fund's management earn during the year? If the fund doesn't charge any 12 b-1 fees, how much were miscellaneous and administrative expenses during the year? (Do not round intermediate calculations. Enter your answer in dollars not in millions, e.g., 1,234,567.)