The value of Mike Jacksons shares in the New Frontiers Technology Fund is $63,200. The management fee
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The value of Mike Jackson’s shares in the New Frontiers Technology Fund is $63,200. The management fee for this particular fund is 0.60 percent of the total asset value. Calculate the management fee Mike must pay this year.
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Focus On Personal Finance
ISBN: 9781265521974
7th Edition
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart
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