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The Investments Fund sells Class A shares with a front - end load of 6 % and Class B shares with 1 2 b -
The Investments Fund sells Class A shares with a frontend load of and Class B shares with fees of annually as well as
backend load fees that start at and fall by percentage point for each full year the investor holds the portfolio until the fifth
year Assume that you have $ to invest and the portfolio rate of return net of operating expenses is annually.
a If you invest in each fund and sell after years, how much will you receive from each sale? Round your answers to decimal
places.
Answer is complete but not entirely correct.
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