Business
Business, 15.07.2020 20:01, marquion

You pay $216,000 to the Capital Hedge Fund, which has a price of $18 per share at the beginning of the year. The fund deducted a front-end commission of 4%. The securities in the fund increased in value by 15% during the year. The fund's expense ratio is 1% and is deducted from year-end asset values. What is your rate of return on the fund if you sell your shares at the end of the year

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You pay $216,000 to the Capital Hedge Fund, which has a price of $18 per share at the beginning of t...

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