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The Bruin Stock Fund sells Class A shares that have a front - end load of 5 . 4 5 percent, a 1 2 b

The Bruin Stock Fund sells Class A shares that have a front-end load of 5.45 percent, a 12b-1 fee of 0.29 percent, and other fees of 0.91 percent. There are also Class B shares with a 5 percent CDSC that declines 1 percent per year, a 12b-1 fee of 1.3 percent, and other fees of 0.91 percent. Assume the portfollo return is 10 percent per year.
a. What is the value of $1 invested In each share class If your Investment horizon is 3 years?
Note: Do not round Intermedlate calculations. Round your answers to 2 decimal places.
Answer is complete and correct.
\table[[,\table[[Investment],[Value]],],[Class A,$,1.21],[Class B,$,1.22]]
b. What if your Investment horizon is 20 years?
Note: Do not round Intermedlate calculatlons. Round your answers to 2 decimal places.
Answer is complete but not entirely correct.
\table[[,\table[[Investment],[Value]],],[Class A,$,5.11
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