A mutual fund reported year-end total assets of $2,347,000,000. Determine the expense ratio if total fees amounted
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A mutual fund reported year-end total assets of $2,347,000,000. Determine the expense ratio if total fees amounted to $18,580,000.
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The expense ratio of a mutual fund is calculated by dividin...View the full answer
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Related Book For 
Financial Markets And Institutions
ISBN: 9781292215006
9th Global Edition
Authors: Stanley Eakins Frederic Mishkin
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