
EBK INVESTMENTS
11th Edition
ISBN: 9781259357480
Author: Bodie
Publisher: MCGRAW HILL BOOK COMPANY
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Chapter 4, Problem 18PS
Summary Introduction
To calculate: The
Introduction:
Fund’s-Expense ratio: It is a ratio depicting the funds to be spent on the expenses related to the usage and maintenance of assets. For example, assume expense ratio to be 1%, then every year 1% of the total assets fund will be utilized towards expenses incurred.
Rate of
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