Suppose a fund had average daily assets of $50 million during a particular year. It bought $80
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Suppose a fund had average daily assets of $50 million during a particular year. It bought $80 million worth of stock and sold $70 million during the year. What is its turnover?
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Related Book For
Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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