You are looking at to invest $100,000 for the 12 years. You have already identified two possible
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Question:
You are looking at to invest $100,000 for the 12 years. You have already identified two possible mutual funds:
Fund A- .09% front-end load and an expected 13% return
Fund B- .03% front-end load and an expected return of 12.3%.
Calculate the final values of your investments under each fund. What is the difference in total return between the two? (enter answer in $)
Related Book For
Financial Markets And Institutions
ISBN: 9781292215006
9th Global Edition
Authors: Stanley Eakins Frederic Mishkin
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