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can you answer c. You are a retail investor currently looking to invest through a fund manager. The fund requires an initial investment of 20,000
can you answer
c. You are a retail investor currently looking to invest through a fund manager. The fund requires an initial investment of 20,000 with entry load fees of 5% commissions, and with annual fee of 1.5%. The fund manager premise that the fund will provide at the rate of retum of 12%, with five years to maturity. Calculate the total value of investment after 5 years Step by Step Solution
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