A sector fund specializing in commercial bank stocks had, Financial Management

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A sector fund specializing in commercial bank stocks had

A sector fund specializing in commercial bank stocks had average daily assets of $8.4 billion during the year. This fund sold $4.36 billion worth of stock during the year, and its turnover ratio was .50. How much stock did this mutual fund purchase during the year?

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Financial Management: A sector fund specializing in commercial bank stocks had

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Financial Management: A sector fund specializing in commercial bank stocks had

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