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Please show your work. The Bruin Stock Fund sells Class A shares that have a front-end load of 5.05 percent, a 12b-1 fee of 37
Please show your work.
The Bruin Stock Fund sells Class A shares that have a front-end load of 5.05 percent, a 12b-1 fee of 37 percent, and other fees of 1.15 percent. There are also Class B shares with a 5 percent CDSC that declines 1 percent per year, a 12b-1 fee of 11 percent, and other fees of 1.15 percent. Assume the portfolio return is 12 percent per year. What is the value of exist1 invested in each share class if your investment horizon is 3 years? (Do not round intermediate calculations. Round your answers to 2 decimal places. Omit the "exist" sign in your response.) Class A exist Class B exist What if your investment horizon is 20 years? (Do not round intermediate calculations. Round your answers to 2 decimal places. Omit the "exist" sign in your response.) Class A exist Class B existStep by Step Solution
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