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Check my work The New Fund had average daily assets of $3.6 billion in the past year. New Fund's expense ratio was 2.5% and the
Check my work The New Fund had average daily assets of $3.6 billion in the past year. New Fund's expense ratio was 2.5% and the management fee was 2.0% a. What were the total fees paid to the fund's investment managers during the year? (Enter your answer in millions rounded to 2 decimal places.) Total fees paid million b. What were the other administrative expenses? (Enter your answer in millions rounded to 2 decimal places.) Other administrative expenses million
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