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Assume the annual return for the lowest turnover portfolio is 19% and the annual return for the highest turnover portfolio is 14%. If you invest
Assume the annual return for the lowest turnover portfolio is 19% and the annual return for the highest turnover portfolio is 14%. If you invest $102,000 and have the highest turnover, how much lower will the value of your portfolio be at the end of 10 years than if you had had the lowest turnover?
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