Calculate the annual rate of return for a mutual fund with the following fees and expected returns $$\begin{array} { c c c c c }
\text { Investment } & \text { E(Retum) } & \text { Load } & 12 b - 1 \text { fee } & \text { Years Held } \
\text { Mutual Fund } & 7 \% & 4 \% & 0.50 \% & 7 \text { years }
\end{array}$$

Question

Calculate the annual rate of return for a mutual fund with the following fees and expected returns $$\begin{array} { c c c c c } 
\text { Investment } & \text { E(Retum) } & \text { Load } & 12 b - 1 \text { fee } & \text { Years Held } \
\text { Mutual Fund } & 7 \% & 4 \% & 0.50 \% & 7 \text { years }
\end{array}$$

Quizplus · Accepted Answer

The Answer of Calculate the annual rate of return for a mutual fund with the following fees and expected returns $$\begin{array} { c c c c c } 
\text { Investment } & \text { E(Retum) } & \text { Load } & 12 b - 1 \text { fee } & \text { Years Held } \
\text { Mutual Fund } & 7 \% & 4 \% & 0.50 \% & 7 \text { years }
\end{array}$$

Calculate the Annual Rate of Return for a Mutual Fund