A mutual fund sold 134 million of assets during the year, Financial Management

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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 %

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Financial Management: A mutual fund sold 134 million of assets during the year

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Financial Management: A mutual fund sold 134 million of assets during the year

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