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The ________ the Turnover,the More You Will Pay in Transaction

Question 57

Multiple Choice

The ________ the turnover,the more you will pay in transaction fees (incorporated in the expense ratio) ,and the more you will pay in capital gains when the assets are sold.________ turnover funds will have lower transaction costs and lower capital gains.


A) higher; low
B) lower; high
C) higher; high
D) lower; low

Correct Answer:

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