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Problem 1 [5pts] The performance and fees of 4 share classes of the same fund are in following table: Class Inst Class InvClass A Class

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Problem 1 [5pts] The performance and fees of 4 share classes of the same fund are in following table: Class Inst Class InvClass A Class B Expense ratio 1% 1% 1% 1% 12b-1 fee 0.3% 0.1% Front-end load 4% Back-end load start at 6% and 1%/year All share classes have the same annual rate of return of 10.0%. If you have $10,000 to invest in each of these share classes, how much will you get if you plan to sell them after 2 and 8 years

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