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

Question 26

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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