Question: A funds reported average return is 8% per year and it charges a 6% front-end load. An investor has $50,000 to invest with the fund
A funds reported average return is 8% per year and it charges a 6% front-end load. An investor has $50,000 to invest with the fund for a 10-year horizon. What is the investors average return over the 10 years?
| 7.33% | ||
| 8.5% | ||
| 7.52% | ||
| 2% |
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