Question: Why do you think people continue to buy front-end load mutual funds with 56 percent commission fees when there are numerous no-load funds to be

Why do you think people continue to buy front-end load mutual funds with 5–6 percent commission fees when there are numerous no-load funds to be had?

Step by Step Solution

★★★★★

3.49 Rating (176 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Those who pay a frontend load for mutual fund purchases in ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

161-B-M-M-P (118).docx

120 KBs Word File

Students Have Also Explored These Related Marketing Questions!

Q:

Why do you think people are more accepting of the application of nepotism in the workplace in a privately owned business than in one that is publicly owned by many shareholders? Why is there little...

Q:

Why do you think there are large numbers of different types of charts and graphs?

Q:

Why do you think it is not possible to buy insurance against having to put up with a low-paying, miserable job? Explain why a market in insurance of this type would be valuable to workers but...

Q:

Please Provide a 2 to 3 page article review for each, there attached on this question. Your discussion should include a brief summary (including the big ideas or major points of the article) along...

Q:

Your discussion should include a brief summary (including the big ideas or major points of the article) along with some synthesis of the ideas and some of your own thoughts. You should draw any...

Q:

The Mutual Fund Concept: A mutual fund is a type of financial services organization that receives money from a pool of shareholders and then invests those funds in a portfolio of securities. The...

Q:

I need help to answer these questions below that are based on the case "Larry Puglia and the T. Rowe Price Blue Chip Growth Fund" 1. How well has the Blue Chip Growth Fund performed in recent years?...

Q:

The Mutual Fund Concept: A mutual fund is a type of financial services organization that receives money from a pool of shareholders and then invests those funds in a portfolio of securities. The...

Q:

4. Comparing mutual funds Understanding the Costs Involved in Mutual Fund Investments The following table presents information on four different open-end mutual funds. Use the information in the...

Q:

1 What are the main components of personal financial planning? Solve What is the purpose of a financial plan? Solve Identify some common actions taken to achieve financial goals. How does a job...

Q:

What is a project? How do projects differ from business processes? What three forces constrain every project? How does each constrain a project?

Q:

Refer to the information about Bekham Company in Exercise 16-6. Use the direct method to prepare only the cash provided or used by operating activities section of the statement of cash flows for...

Q:

The Central Limit Theorem is important in statistics because (a) It states that the population will always be approximately normally distributed. (b) It states that the sampling distribution of the...

Q:

Depression. The September 1998 issue of the American Psychologist published an article by Kraut et al. that reported on an experiment examining the social and psychological impact of the Internet on...

Q:

What are the steps or stages in a typical execution and time line schedule used in planning and executing an IPO?

Q:

From the HeadlinesTesla: Comment on Teslas trip from incorporating in 2003 to its IPO in 2010. What impact do you think the IPO will have on competitors in the electric car market?

Q:

The venture investors and founders of ACE Products, a closely held corporation, are contemplating merging the successful venture into a much larger diversified firm that operates in the same...

Q:

10. RedCap Manufacturing, Inc. is planning to borrow money by taking out a short term loan (i.e., increase notes payable) and depositing this money directly into the firms checking account (i.e.,...

Q:

q7 (Related to Checkpoint 9.2 and Checkpoint 9.3) (Bond valuation) Fingen's 14-year, $1,000 par value bonds pay 13 percent interest annually. The market price of the bonds is $950 and the market's...

Q:

Zambezi Corp. expects EBIT to vary with the state of the economy as follows: 560 State of economy EBIT in $ million) Boom Base 125 Bust -200 Zambezi doesn't have any long-term debt and has 95 million...