If New Funds expense ratio (see the previous problem) was 1.1% and the management fee was .7%,

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If New Fund’s expense ratio (see the previous problem) was 1.1% and the management fee was .7%, what were the total fees paid to the fund’s investment managers during the year? What were other administrative expenses?

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Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Question Posted: Jan 04, 2013 08:10 AM

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If New Funds expense ratio (see the previous problem) was 1.1% and the management fee was .7%,

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Fees paid to investment managers were 0007 22 billi...View the full answer

Investments

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