a. If you talk to a broker selling the high-fee mutual fund, what will he or she

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a. If you talk to a broker selling the high-fee mutual fund, what will he or she probably tell you when you ask them, “Am I getting my money’s worth when I pay your high fees?”

b. According to Figure 23.1, is your broker’s answer likely to be right most of the time?

Figure 23.1

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Modern Principles Of Microeconomics

ISBN: 9781429278416

3rd Edition

Authors: Tyler Cowen, , Alex Tabarrok

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