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Is 1.22 Class A Class B s 1.23 b. What if your investment horizon is 20 years? (Do not round intermediate calculations. Round your answers

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Is 1.22 Class A Class B s 1.23 b. What if your investment horizon is 20 years? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Investment $ Class A Class B Value 3.42 x 4.48 S Problem 4-16 Expenses and Returns (LO2, CFA2) The Bruin Stock Fund sells Class A shares that have a front-end load of 5.45 percent, a 125-1 fee of 0.29 percent, and other fees of 0.91 percent. There are also Class B shares with a 5 percent CDSC that declines 1 percent per year, a 125-1 fee of 1.3 percent, and other fees of 0.91 percent. Assume the portfolio return is 10 percent per year. a. What is the value of $1 invested in each share class if your investment horizon is 3 years? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Answer is complete and correct. Investment Value $ 1.22 1.23 Class A Class B IS

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