Question
Jane Ramirez owns shares in the Touchstone Health and Biotechnology Fund that have a current value of $20,200. The fund charges an annual 12b-1 fee
| Jane Ramirez owns shares in the Touchstone Health and Biotechnology Fund that have a current value of $20,200. The fund charges an annual 12b-1 fee of 0.60 percent. What is the amount of the 12b-1 fee Ms. Ramirez must pay? (Round your answer to 2 decimal places.) |
| 12b-1 fee | $ |
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Valuation Measuring And Managing The Value Of Companies
Authors: McKinsey & Company Inc., Tom Copeland, Tim Koller, Jack Murrin
3rd Edition
0471361909, 978-0471361909
