Question: A mutual fund has a 4% front-end load fee and charges 0.25% 12-b-1 fee. If an investor invest $5,000 into the fund and after one
A mutual fund has a 4% front-end load fee and charges 0.25% 12-b-1 fee. If an investor invest $5,000 into the fund and after one year, the fund has a return of 9%, what is the amount the investor has in the fund? 7
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