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The New Fund had average daily assets of $2.5 billion in the past year. New Fund's expense ratio was 1.4% and thr management fee was
The New Fund had average daily assets of $2.5 billion in the past year. New Fund's expense ratio was 1.4% and thr management fee was 0.8%.
A) what were the total fees paid to the fund's investment managers during the year?
B) What were the other administrative expenses?
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