Question
you purchase 1000 shares of an AGF mutual fund for the 25$ and hold it for 2 years,earning a 10% return,compounded monthly. the fund charges
you purchase 1000 shares of an AGF mutual fund for the 25$ and hold it for 2 years,earning a 10% return,compounded monthly. the fund charges a back-end load of 4% . what are your net proceeds upon sale ?
a-30509
b-29040
c-28756
d-29289
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Mathematical Finance Core Theory Problems And Statistical Algorithms
Authors: Nikolai Dokuchaev
1st Edition
0415414482, 978-0415414487
