Question
a. Describe the following: front-end load, back-end load, level load, 12b-1 fee, management fee. b. Why do mutual funds have different classes of shares? c.
a. Describe the following: front-end load, back-end load, level load, 12b-1 fee, management fee. b. Why do mutual funds have different classes of shares? c. What are the advantages of an ETF relative to open-end and closed-end investment companies?
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Entrepreneurial Finance Strategy, Valuation, And Deal Structure
Authors: Janet Smith, Richard Smith, Richard Bliss
1st Edition
0804770913, 9780804770910
