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The Madura Hi Gro Fund has a net asset value of $50 per share. It charges a 3 percent load. How much will you pay

The Madura Hi Gro Fund has a net asset value of $50 per share. It charges a 3 percent load. How much will you pay for 100 shares?

Turnover The Starks Income Fund’s average daily total assets were $100 million for the year just completed. Its stock purchases for the year were $20 million, while its sales were $12.5 million. What was its turnover?

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