Business
Business, 28.07.2021 03:30, jasminejohnson4330

You purchased shares of a mutual fund at a price of $20 per share at the beginning of the year and paid a front-end load of 6.0%. If the securities in which the fund invested increased in value by 10% during the year, and the fund's expense ratio was 1.5%, your return if you sold the fund at the end of the year would be: a. 1.99%
b. 2.32%
c. 1.65%
d. 2.06%
e. None of the options are correct

answer
Answers: 1

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