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Business, 25.07.2019 17:40 jamalchris9353

You have $16,000 to invest in a mutual fund with a nav = $45. you choose a fund with a 4 percent front load, a 1 percent management fee, and a 0.25 percent 12b-1 fee. assume that the management and 12b-1 fees are charged on year-end assets. the gross annual return on the fund's shares was 9 percent. what was your net annual rate of return to the nearest basis point?

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You have $16,000 to invest in a mutual fund with a nav = $45. you choose a fund with a 4 percent fro...
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