please answer both questions thank you

Chapter 4 - Homework Saved Help Save & Exit Check my 15 Suppose that every time a fund manager trades stock, transaction costs such as commissions and bid-ask spreads amount to 2.3% of the value of the trade. If the portfolio turnover rate is 50%, by how much is the total return of the portfolio reduced by trading costs? (Round your answer to 1 decimal place.) 1.01 points Fall in returns eBook Associate Broker MOMT 426 Chapter 4 - Homework Saved Help 5 14 Corporate Fund started the year with a net asset value of $15.50. By year-end, its NAV equaled $13.60. The fund paid year-end distributions of income and capital gains of $3.00. 0.88 points What was the rate of return to an investor in the fund? (Round your answer to 2 decimal places.) Rate of return % eBook Print References