If you are investing $10,000 in a mutual fund that charges a sales load, and when you

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If you are investing $10,000 in a mutual fund that charges a sales load, and when you look at your statement you see your beginning balance is $9,425.

How much was the sales load (as a percent of invested funds)?

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Investments An Introduction

ISBN: 978-0324561388

9th Edition

Authors: Herbert B Mayo

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Posted Date: Mar 25, 2024 02:37 PM

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If you are investing $10,000 in a mutual fund that charges a sales load, and when you

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To determine the sales load as a percentage of the invested funds we can ... View the full answer

Investments An Introduction

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