Consider the following trading and performance data for four different equity mutual funds: a. Calculate the portfolio turnover ratio tor each fund. Do not round intermediate calculations. Round your answers to two decimal places. FundW:FundX:FundY:FundZ:%%%% b. Which two funds are most likely to be actively managed and which two are most likely passive funds? are most likely passively managed portfolios; ire most likely to be actively managed. c. Calculate the tax cost ratio for each fund. Do not round intermediate calculations. Round your answers to two decimal places. Fund W: Fund X : % Fund Y: % Fund Z : % d. Which funds were the most and least tax efficient in the operations