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a) Fill in the expense ratios for all 3 funds. b) You want to purchase shares of MidtermMF-3. If you send $5000 to the fund
a) Fill in the expense ratios for all 3 funds. b) You want to purchase shares of MidtermMF-3. If you send $5000 to the fund firm to invest: 1) How much of the $5000 would you "lose" to the front-end load? 2) How many shares would you buy, if its NAV is $24.56 on that day? c) Calculate what an investment of $5000 sent to each of MidtermMF-2 and MidtermMF-3 would be worth in each fund after 6 years if the average annual rate of return from the assets in each fund is 5% over those 6 years
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