Suppose an individual invests $23,000 in a load mutual fund for two years. The load fee entails an up-front commission charge of 2.7 percent of the amount invested and is deducted from the original funds invested. In addition, annual fund operating expenses (or 12b-1 fees) are 0.58 percent. The annual fees are charged on the average net asset value invested in the fund and are recorded at the end of each year. Investments in the fund return 7 percent each year paid on the last day of the year. If the investor reinvests the annual returns paid on the investment, calculate the annual return on the mutual funds over the two-year investment period.
Answers: 3
Business, 21.06.2019 21:50, samchix727
You have $22,000 to invest in a stock portfolio. your choices are stock x with an expected return of 11 percent and stock y with an expected return of 13 percent. if your goal is to create a portfolio with an expected return of 11.74 percent, how much money will you invest in stock x? in stock y?
Answers: 2
Business, 22.06.2019 06:00, esnyderquintero
Cash flow is often a problem for small businesses. how can an entrepreneur increase cash flow? a) locate lower-priced suppliers. b) forego sending in estimated tax payments to the irs c) shorten the terms on a bank loan to pay it off more quickly d) sell more low-margin items.
Answers: 1
Business, 22.06.2019 12:30, bella51032
True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product
Answers: 1
Suppose an individual invests $23,000 in a load mutual fund for two years. The load fee entails an u...
Mathematics, 09.07.2019 02:00
Mathematics, 09.07.2019 02:00
Biology, 09.07.2019 02:00
English, 09.07.2019 02:00
English, 09.07.2019 02:00
Social Studies, 09.07.2019 02:00
English, 09.07.2019 02:00