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Intro You've invested $1,000 in a mutual fund with a 5% front-end load, an expense ratio of 1% and a back-end load of 5%. Expenses
Intro You've invested $1,000 in a mutual fund with a 5% front-end load, an expense ratio of 1% and a back-end load of 5%. Expenses are paid at the end of each year. The fund produces an annual return of 9% before fees. Part 1 | Attempt 1/10 for 10 pts. What is your annual return after fees if you hold the fund for 3 years? 4+ decimals Submit Part 2 | Attempt 1/10 for 10 pts. What is your annual return after fees if you hold the fund for 30 years? 3+ decimals Submit
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