Using the information provided below,what is the management enpense ratio on this fund as at decemeber 31?Net asset value at Decememt 31 is $38000000,Average net asset value for the year ending decemeber 31 is $34500000,Aggregate fees and expenses payable during the year are 1120000 a.1.12% b.2.95% c.3.25% d.10.14%  

Answer rating: 100% (QA)

Sure The management expense ratio on this fund as at December 31 is 3... View the full answer