A Mutual Fund Had Average Daily Assets of $4

question 2

Multiple Choice

A mutual fund had average daily assets of $4.7 billion in 2012.The fund sold $2.2 billion worth of stock and purchased $3.6 billion worth of stock during the year.The fund's turnover ratio is

• A)37.5%.
• B)22.6%.
• C)15.3%.
• D)46.8%.
• E)20.7%.

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Definitions:

Intimate Partner Violence

Physical, sexual, emotional, or psychological harm by a current or former partner or spouse, regardless of the presence of a sexual relationship.

Age Bracket

A range of ages grouped together for statistical analysis, often used in research and marketing.

Physical Health

The condition of the body, encompassing various aspects such as the absence of disease, fitness level, and overall bodily function.

Mental Health

A state of well-being in which an individual realizes their own abilities, can cope with the normal stresses of life, can work productively, and is able to make a contribution to their community.