Question: please answer both questions thank you Help Save 3 Che The New Fund had average daily assets of $3.8 billion in the past year. The

please answer both questions thank you  please answer both questions thank you Help Save 3 Che The
New Fund had average daily assets of $3.8 billion in the past

Help Save 3 Che The New Fund had average daily assets of $3.8 billion in the past year. The fund sold $416 million and purchased $516 million worth of stock during the year. What was its turnover ratio? (Round your answer to 2 decimal places.) ts Turnover rate % Book Print erences 5 Check my work An open-end fund has a net asset value of $12.50 per share. It is sold with a front-end load of 6%. What is the offering price? (Round your answer to 2 decimal places.) 0.88 points Offering price eBook References

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