8. Calculating 12b-1 Fees. Jane Ramirez owns shares in the Touchstone Health and Biotechnology Fund that have

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8. Calculating 12b-1 Fees. Jane Ramirez owns shares in the Touchstone Health and Biotechnology Fund that have a current value of

$11,850. The fund charges an annual 12b-1 fee of 0.25 percent. What is the amount of the 12b-1 fee Ms. Ramirez must pay? (Obj. 1)

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Personal Finance

ISBN: 9780073530697

10th Edition

Authors: Jack Kapoor, Les Dlabay, Robert Hughes

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