Mark owns a mutual fund with a NAV of $ 45.00 per share and expenses of $

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Mark owns a mutual fund with a NAV of $ 45.00 per share and expenses of $ 1.45 per share. What is the expense ratio for Mark’s mutual fund?

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Personal Finance

ISBN: 978-0132994347

5th edition

Authors: Jeff Madura

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Question Posted: Oct 13, 2015 05:53 AM

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Mark owns a mutual fund with a NAV of $ 45.00 per share and expenses of $

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