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Fund XYZ had a pretax return of 10.2% and a tax-adjusted return of 9.5%.Calculate Fund XYZ's tax cost ratio.
Specific Purpose
The precise goal or objective that an individual, group, or organization aims to achieve within a defined timeline.
Policy
A standing plan that communicates broad guidelines for decisions and action.
Procedure
A sequence of actions or steps taken to achieve a particular end.
Broad Guideline
General principles or recommendations that provide direction without being overly prescriptive or detailed.
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