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Question 4. Suppose and investor invested SAR25,000 in a mutual fund investment. You are given cost, rate of returns and the activities throughout the 8-year
Question 4. Suppose and investor invested SAR25,000 in a mutual fund investment. You are given cost, rate of returns and the activities throughout the 8-year investment. Calculate the amount, in SAR, received by the investor if he/she exited the investment in year 8. Cost Information 12b-1 fee Front-end load Switching fee Back-end load Performance fee Management expenses 1.00% 3.00% 1.50% 2.00% 0.30% 0.50% 8 Return of investment Year Return 1 5% 2 5% 3 7% Switched 4 7% 5 7% Switched 6 5% 7 5% Activity Sell
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