What is the expense ratio for Mark mutual fund

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Question - Risk Premium - What is the risk premium on the BB-rated corporate bonds Sandy has a choice between purchasing $5,000 in Government of Canada bonds paying 8.3 percent interest or purchasing $5,000 in BB-rated corporate bonds with a coupon rate of 10.4 percent.

Expense Ratio - Mark owns a mutual fund with a NAV of $49.44 per share and expenses of $2.21 per share. What is the expense ratio for Mark's mutual fund?

Reference no: EM133089661

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