Suppose youre considering a fund that offers the following classes of shares: (a) Class A: front-end load,

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Suppose you’re considering a fund that offers the following classes of shares:

(a) Class A: front-end load, 5 percent.

(b) Class B: back-end load, 5 percent (reduced 1 percent per year); 12b-1 fee, 0.5 percent.

Under what circumstances would the Class B shares be preferable to the Class A shares?

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Wiley Pathways Personal Finance Managing Your Money And Building Wealth

ISBN: 978-0470111239

1st Edition

Authors: Vickie L. Bajtelsmit, Linda Rastelli

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Question Posted: Jun 05, 2024 02:05 AM

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Suppose youre considering a fund that offers the following classes of shares: (a) Class A: front-end load,

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Wiley Pathways Personal Finance Managing Your Money And Building Wealth

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