Question
The wShares Large-cap Equity Fund sells Class B shares with a front-end load of 2%, annual operating expense of 1.2% and 12b-1 fees of 1%
The wShares Large-cap Equity Fund sells Class B shares with a front-end load of 2%, annual operating expense of 1.2% and 12b-1 fees of 1% with no back-end load fees. If the gross rate of return on the fund portfolio before expenses is 11% annually, what will be the value of a $80,000 investment in Class B shares if the shares are sold after 1 year?
85440
90580
85110
85300
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Meetings Expositions Events And Conventions An Introduction To The Industry
Authors: George Fenich
5th Edition
0134735900, 9780134735900
