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Suppose you have the opportunity to invest $100,000 in a mutual fund that has a 5% front-end load and .8% expense ratio, or a no-load
Suppose you have the opportunity to invest $100,000 in a mutual fund that has a 5% front-end load and .8% expense ratio, or a no-load fund having an expense ratio of 1.2%. You plan to invest for 10 years. Assuming the underlying investments earn 11% in each fund, which alternative is better and why?
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