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no hand writing please The Bruin Stock Fund sells Class A shares that have a front-end load of 5.3 percent, a 125-1 fee of 32
no hand writing please
The Bruin Stock Fund sells Class A shares that have a front-end load of 5.3 percent, a 125-1 fee of 32 percent, and other fees of 10 percent. There are also Class B shares with a 5 percent CDSC that declines 1 percent per year, a 125-1 fee of 1.45 percent, and other fees of 100 percent. Assume the portfolio return is 13 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.) Investment Value Class A Class B b. What if your investment horizon is 20 years? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Investment Value Class A Class B The Bruin Stock Fund sells Class A shares that have a front-end load of 5.3 percent, a 125-1 fee of 32 percent, and other fees of 10 percent. There are also Class B shares with a 5 percent CDSC that declines 1 percent per year, a 125-1 fee of 1.45 percent, and other fees of 100 percent. Assume the portfolio return is 13 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.) Investment Value Class A Class B b. What if your investment horizon is 20 years? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Investment Value Class A Class B Step by Step Solution
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