Problem 4-16 Expenses and Returns (LO2, CFA2) The Bruin Stock Fund sells Class A shares that have a front-end load of 4.95 percent, a 1261 fee of 39 percent, and other fees of 1.21 percent. There are also Class B shares with a 5 percent COSC that declines 1 percent per year, a 12b1 fee of 1.8 percent, and other fees of 1.21 percent. Assume the portfolio return is 8 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.) 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.) b. What if your investment horizon is 20 years? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Problem 4-16 Expenses and Returns (LO2, CFA2) The Bruin Stock Fund sells Class A shares that have a front-end load of 4.95 percent, a 1261 fee of 39 percent, and other fees of 1.21 percent. There are also Class B shares with a 5 percent COSC that declines 1 percent per year, a 12b1 fee of 1.8 percent, and other fees of 1.21 percent. Assume the portfolio return is 8 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.) 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.) b. What if your investment horizon is 20 years? (Do not round intermediate calculations. Round your answers to 2 decimal places.)