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m. The New Fund had average daily assets of $3.2 billion in the past year. New Fund's expense ratio was 2.1% and the management fee

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m. The New Fund had average daily assets of $3.2 billion in the past year. New Fund's expense ratio was 2.1% and the management fee was 1.2% 1 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.) points Total fees paid million eBook Print o b. What were the other administrative expenses? (Enter your answer in millions rounded to 2 decimal places.) References Other administrative expenses million

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