Business, 26.06.2020 15:01, juansantos7b

You are considering investing in a no-load mutual fund with an annual expense ratio of 0.6% and an annual 12b-1 fee of 0.75%. You could also invest in a bank CD paying 7.0% per year. What minimum annual rate of return must the fund earn to make you better off in the fund than in the CD

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 11:00, mateoperkins

What is the advantage of developing criteria for assessing the effectiveness of business products and processes? a. assessment criteria are answers. b. assessment criteria are inexpensive. c. assessment criteria provide you with a list of relevant things to measure. d. assessment criteria provide you with a list of people to contact to learn more about process mentoring.

Answers: 3

continue

Business, 22.06.2019 11:40, taylor825066

Define the marginal rate of substitution between two goods (x and y). if a consumer’s preferences are given by u(x, y) = x3/4y1/4, compute the consumer’s marginal rate of substitution as a function of x and y. calculate the mrs if the consumer has chosen to consumer 48 units of x and 16 units of y. show your work. (use the back of the page if necessary.

Answers: 3

continue

Business, 22.06.2019 14:20, clairajogriggsk

Your uncle borrows $53,000 from the bank at 11 percent interest over the nine-year life of the loan. use appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. what equal annual payments must be made to discharge the loan, plus pay the bank its required rate of interest

Answers: 1

continue

Business, 22.06.2019 22:00, hernandezbrandon059

You wish to retire in 13 years, at which time you want to have accumulated enough money to receive an annual annuity of $23,000 for 18 years after retirement. during the period before retirement you can earn 9 percent annually, while after retirement you can earn 11 percent on your money. what annual contributions to the retirement fund will allow you to receive the $23,000 annuity? use appendix c and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods.

Answers: 1

continue

Do you know the correct answer?

You are considering investing in a no-load mutual fund with an annual expense ratio of 0.6% and an a...