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Business, 19.04.2021 15:40 ashleyallred3299

You are considering an investment in a mutual fund with a 3% load and expense ratio of 0.5%. You can invest instead in a bank CD paying 2% interest. a. If you plan to invest for 6 years, what annual rate of return must the fund portfolio earn for you to be better off in the fund than in the CD

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You are considering an investment in a mutual fund with a 3% load and expense ratio of 0.5%. You can...
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