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Author Question: On January 1, you invest $10,000 in an open-end mutual fund selling for $25 per share that has a 2% ... (Read 102 times)

strangeaffliction

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on: Apr 14, 2019

Question 1

When evaluating mutual funds which are investing in the same types of securities/markets, you should compare


◦ historical performance.
◦ management fees.
◦ 12b-1 expenses.
◦ All of these factors should be considered.

Question 2

On January 1, you invest $10,000 in an open-end mutual fund selling for $25 per share that has a 2% load, 1.5% management fee and 1% 12b-1 expense s. If the fund NAV appreciates to $28 by the time you sell it on December 31, what was your return on investment?


◦ 9.76%
◦ 11.2%
◦ 8.7%
◦ 14%
Personal Finance ¦ Madura ¦ 6th Edition
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Marked as best answer by strangeaffliction on Apr 14, 2019

Tonyam972

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Reply #1 on: Apr 14, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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strangeaffliction

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Reply #2 on: Apr 14, 2019
TY


Tonyam972

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Reply #3 on: Apr 14, 2019
You're welcome


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