Listed below is the 10-year, per-share performance record of Larry, Moe, & Curley's 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, 2016, prospectus.
Use this information to find LM&C's holding period return in 2016 and 2013. Also find the fund's rate of return over the 5-year period 2012-2016, and the 10-year period 2007-2016. Finally, rework the four 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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Fundamentals Of Investing
ISBN: 9780134083308
13th Edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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