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ABC invests $10,000 in XYZ mutual fund. XYZ mutual fund imposes front-end load of 1.5%, operating expense of 0.72% per year, 12b1 fees of 1.19%

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ABC invests $10,000 in XYZ mutual fund. XYZ mutual fund imposes front-end load of 1.5%, operating expense of 0.72% per year, 12b1 fees of 1.19% per year and back-end lond of 6% If the gross return of XYZ fund is 4% per year then ABC 's investment grows to after 9 years of investment. (Negative amounts should be indicated by a minus sign. Round your answer to 2 decimal places, eg. 110.10) QUESTION 26 ABC invests $10,000 in XYZ mutual fund. XYZ mutual fund imposes front-end load of 1.8%, total operating expense of 0.6% per year, and back-end load starting at 5%, that dectense by 1% per full year of staying invested. If the gross return of XYZ fund is 7% per year then ABC investment grows to S after 9 years of investment. Note: The back-end load cannot be lower than 0%. (Negative amounts should be indicated by a minus sign. Round your answer to 2 decimal places, eg. 110. 10)

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