Question
Assets under Management, Avg. for Past 12 months (mil) Security Sales, Past 12 months (mil) Expense Ratio Pretax Return, 3-year avg. Tax-adjusted Return, 3-year avg.
Assets under Management, Avg. for Past 12 months (mil) Security Sales, Past 12 months (mil) Expense Ratio Pretax Return, 3-year avg. Tax-adjusted Return, 3-year avg. Fund W Fund X $289.4 $653.7 $37.2 0.33% 9.98% 9.43% $569.3 0.71% Fund Y $1,298.4 $1,453.8 1.13% 10.65% 10.12% 8.87% 9.34% Fund Z $5,567.3 $437.1 0.21% 9.83% 9.5
Calculate the tax cost ratio for each fund.
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Focus On Personal Finance
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
5th Edition
0077861744, 978-0077861742
