The New Fund (from Problem 22) had an expense ratio of 1.1%, and its management fee was
Question:
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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a Fees paid to investment managers were 07 22 billi...View the full answer
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Related Book For
Essentials of Investments
ISBN: 978-0077835422
10th edition
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
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