Listed below is the 10-year, per-share performance record of Larry, Moe, & Curleys Growth Fund, as obtained
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Listed below is the 10-year, per-share performance record of Larry, Moe, & Curley€™s
Growth Fund, as obtained from the fund€™s May 30, 2014, prospectus:
Use this information to find LM&C€™s holding period return in 2014 and 2011. Also find the fund€™s rate of return over the 5-year period 2010€“2014, and the 10-year period 2005€“2014.
Finally, rework the 4 return figures, assuming the LM&C fund has a front-end load charge of 5% (of NAV). Comment on the impact of load charges on the return behavior of mutual funds.
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Related Book For
Fundamentals of Investing
ISBN: 978-0133075359
12th edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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