The Yamaha Aggressive Growth Fund has an expense ratio of 1.83 percent. a. If you invest $64,000

Question:

The Yamaha Aggressive Growth Fund has an expense ratio of 1.83 percent.
a. If you invest $64,000 in this fund, what is the dollar amount of fees that you would pay this year?
b. Based on the information in this chapter and your own research, is this a low, average, or high expense ratio?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Focus On Personal Finance

ISBN: 9781265521974

7th Edition

Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart

Question Posted: