Question: Please help cause most people have failed to solve this question. Thanks! Chapter 11: Assignment - Equity Portfolio Management Strategies Consider the following trading and

Please help cause most people have failed to solve this question.
Thanks!  Please help cause most people have failed to solve this question.

Chapter 11: Assignment - Equity Portfolio Management Strategies Consider the following trading and performance data for four different equity mutual funds: Fund w Fund X Fund Y Fund Z Assets under Management, $297.6 $663.2 $1,291.9 $5,559.1 Avg. for Past 12 months (mil) Security Sales, $40.4 $569.4 $1,470.0 $423.4 Past 12 months (mil) Expense Ratio 0.31% 0.70% 1.14% 0.23% Pretax Return, 3-year avg. 9.82% 10.90% 10.30% 9.86% Tax-adjusted Return, 3-year avg. 9.44% 8.78% 9.52% 8.94% a. Calculate the portfolio turnover ratio for each fund. Do not round intermediate calculations. Round your answers to two decimal places Fund w: % Fund X: % Fund Y: 96 Fund Z: b. Which two funds are most likely to be actively managed and which two are most likely passive funds? Select are most likely passively managed portfolios Select are 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: 9 Fund X: % Fund Y: % Fund 2: 90 d. Which funds were the most and least tax efficient in the operations? were the least tax efficient Select were the most tax efficient and select

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