The value of Mike Jacksons shares in the New Frontiers Technology fund is $11,400. The management fee
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The value of Mike Jackson’s shares in the New Frontiers Technology fund is $11,400. The management fee for this particular fund is 0.80 percent of the total asset value. Calculate the management fee Mike must pay this year.
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Related Book For
Focus On Personal Finance
ISBN: 9780077861742
5th Edition
Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart
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