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The Aggressive Eastern Fund sold $96 million of assets during the year and purchased $129 million in new assets. The average daily assets of the

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The Aggressive Eastern Fund sold $96 million of assets during the year and purchased $129 million in new assets. The average daily assets of the fund were $115 million. What is the fund's turnover for the year? a. 0.83 b. 0.51 c. 1.12 d. 0.61 e. 0.54

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