Business
Business, 26.09.2019 22:00, jasondesatnick

Loaded-up fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.75%. economy fund charges a front-end load of 2%, but has no 12b-1 fee and an expense ratio of 0.25%. assume the rate of return on both funds’ portfolios (before any fees) is 6% per year. a. how much will an investment of $100 in each fund grow to after 1 year? (do not round intermediate calculations. round your answers to 2 decimal places.) b. how much will an investment of $100 in each fund grow to after 3 years? (do not round intermediate calculations. round your answers to 2 decimal places. c. how much will an investment of $100 in each fund grow to after 10 years? (do not round intermediate calculations. round your answers to 2 decimal places.)

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Loaded-up fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.75%. economy fund charg...

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