In a perfectly efficient market, an activestrategy mutual fund that charges a 1% fee has about a 47.3% chance of beating the index net of fee. In a universe of 5,000 funds, how many funds would you expect to beat the index all but once out of the past 6 years?

In other words, the fund would fail to beat the benchmark in one of the 6 years.

Enter answer accurate to two decimal places.