Geoff has two mutual fund options with the same investment objective and the same risks. One is
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Geoff has two mutual fund options with the same investment objective and the same risks. One is a no-load mutual fund with an expense ratio of 0.50% and has historically returned 7.5%. The other fund has a 5% front load and an expense ratio of 1.20% and has historically returned 8.2%. Where would you suggest he invest and why?
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Although past performance does not predict future returns Geoff should invest in the noloa...View the full answer
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Related Book For 
Personal Finance Building Your Future
ISBN: 978-0073530659
1st edition
Authors: Robert B. Walker, Kristy P. Walker
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