On January 2,2003,you invest $10,000 in the Dog Mutual Fund,a load fund that charges a fee of 7%.The fund's returns were 12.8% in 2003,13.9% in 2004,7.9% in 2005.On December 31,2005 you redeem all your shares.The dollar value is
A) $12,800.00
B) $12,892.50
C) $100,000.00
D) $128,925.00
E) $10,000.00
Correct Answer:
Verified
Q83: On January 2,2003,you invest $10,000 in Megabucks
Q84: Suppose you consider investing $1,000 in a
Q85: Suppose you consider investing $15,000 in a
Q86: On January 2,2003,you invest $10,000 in the
Q87: Suppose you consider investing $5,000 in a
Q89: Suppose Mega Mutual Fund owns only
Q90: Given the following fees and expected
Q91: Given the following fees and expected
Q92: On January 2,2003,you invest $100,000 in Righteous,a
Q93: On January 2,2003,you invest $10,000 in the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents