Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. an active portfolio manager sold 100 million baht

An active portfolio manager sold 100 million Baht of stocks in a year. If the...

80.2K

Verified Solution

Question

Finance

An active portfolio manager sold 100 million Baht of stocks in a year. If the portfolio had an average value of 110 million baht in assets under management what is the portfolio turnover ratio?

90.91%

77.27%

No correct answer

72.73%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

XYZ stock price and dividend history are as follows: year beginning of year price dividend paid at year...

Electrical Engineering
1.2K views

Write a MATLAB program to demonstrate the Ziegler-Nichols method of PID loop tuning. Also in no...

General Management
1.2K views

Develop a 5 year operations strategic plan for the European organization.This should include recommendations for issues...

Biology
1.2K views

The three main types of fingerprints are:whorls, bifurcations, archesloops, whorls, deltasarches, loops, whorlsloops, core, arches

Geometry
1.2K views

2 The cone below is filled with ice cream One scoop of ice cream outside...

Calculus
1.2K views

A Find tan 15 2 3 C 3 2 D 2 3 2 3

Algebra
1.2K views

3 Find y when x 6 and z 6 if y varies jointly as x...

Accounting
1.2K views

Sherrod, Incorporated, reported pretax accounting income of $68 million for 2024. The following information relates...

Accounting
1.2K views

Overhead Variances, Four-Variance Analysis Oerstman, Inc., uses a standard costing system and develops its overhead...

Accounting
1.2K views

Question Content Area #20 Pinnacle Corp. budgeted $252,670 of overhead cost for the current...

Accounting
1.2K views

Allison bought a Blu-ray DVD player from the store for $275 that came with a...

Finance
1.2K views

Consider two indexes Xt, Yt that follow the processes dXt = X dt + X...