Question
You invest in a mutual fund that charges a 3% front-end load, 1% total annual fees, and a 0.5% back-end load. How much will you
You invest in a mutual fund that charges a 3% front-end load, 1% total annual fees, and a 0.5% back-end load. How much will you pay in fees on a $15,000 investment that does not grow if you cash out after 5 years of no gain?
You invest in a mutual fund that charges a 3% front-end load, 1% total annual fees, and a 2% back-end load, which decreases .5% per year. How much will you pay in fees on a $10,000 investment that does not grow if you cash out after 3 years of no gain?
A stock has a correlation with the market of 0.53. The standard deviation of the market is 25%, and the standard deviation of the stock is 34%. What is the stock's beta?
A project has a 0.76 chance of doubling your investment in a year and a 0.24 chance of halving your investment in a year. What is the standard deviation of the rate of return on this investment? Report both answers in decimal form (Report 0.20 for 20%) with two decimal places each.
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