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

The Bruin Stock Fund sells Class A shares that have a front-end load of 5.4 percent, a 12b-1 fee of .30 percent, and other fees of .94
percent. There are also Class B shares with a 5 percent CDSC that declines 1 percent per year, a 12b-1 fee of 1.35 percent, and other
fees of .94 percent. Assume the portfolio return is 11 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.)
b. What if your investment horizon is 20 years? (Do not round intermediate calculations. Round your answers to 2 decimal places.)
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