Question
An open-end fund charges a 6% load. If the fund earns 10% return on its assets and costs of 1% of the start of year
An open-end fund charges a 6% load. If the fund earns 10% return on its assets and costs of 1% of the start of year assets value. If you invest $10,000 in the fund, how much will you have after 5 yeas? A. $14,572.05 B. $14,463.07 C. $15,554.51 D. $16,025.11
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Entrepreneurial Finance
Authors: M. J. Alhabeeb
1st Edition
1118691512, 978-1118691519
