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Consider the following trading and performance data for four different equity mutual funds: a. Calculate the portfolio turnover ratio for each fund. Do not round

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Consider the following trading and performance data for four different equity mutual funds: a. Calculate the portfolio turnover ratio for each fund. Do not round intermediate calculations. Round your answers to two decimal places. Fund w: Fund X : Fund Y : Fund z : 46 b. Which two funds are most likely to be actively managed and which two are most likely passive funds? are most likely passively managed portfollos; are most likely to be actively managed. c. Calculate the tax cost ratio for each fund. Do not round intermediate calculations. Round your answers to two decimal places

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