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1) calculate the individuals actual investment after the load fee is deducted 2)calculate the operating expense 3)value of invesmtnet at end of year 1 after
1) calculate the individuals actual investment after the load fee is deducted 2)calculate the operating expense 3)value of invesmtnet at end of year 1 after paying the operating expense 4)value of investment at end of year 2 after payinf the operating expense 5) the investors net annual return on the mural fund is ---- percent per year i will upvote!! Suppose an individual invests $20,000 in a load mutual fund for two years. The load fee entails an up-front commission charge of 2.5 percent of the amount invested and is deducted from the original funds invested. In addition, annual fund operating expenses (or 12b-1 fees) are 0.55 percent. The annual fees are charged on the average net asset value invested in the fund and are recorded at the end of each year. Investments in the fund return 7 percent each year paid on the last day of the year. The investor reinvests the annual returns paid on the investment
1) calculate the individuals actual investment after the load fee is deducted
2)calculate the operating expense
3)value of invesmtnet at end of year 1 after paying the operating expense
4)value of investment at end of year 2 after payinf the operating expense
5) the investors net annual return on the mural fund is ---- percent per year
i will upvote!!
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