A mutual fund sold 134 million of assets during the year


A mutual fund sold $134 million of assets during the year and purchased $148 million in assets. If the average daily assets of the fund were $416 million, what was the fund turnover? (Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

  Fund turnover                 %

Request for Solution File

Ask an Expert for Answer!!
Financial Management: A mutual fund sold 134 million of assets during the year
Reference No:- TGS01247297

Expected delivery within 24 Hours