You buy 100 shares in a mutual fund at its net asset value of $10. The fund charges a load fee of 5.
You buy 100 shares in a mutual fund at its net asset value of $10. The fund charges a load fee of 5. | savvyessaywriters.org
You buy 100 shares in a mutual fund at its net asset value of $10. The fund charges a load fee of 5.5 percent. During the year, the mutual fund distributes $0.75 in dividends. You redeem the shares for their net asset value of $12.03, and the fund does not charge an exit fee. What percentage return do you earn on the investment?
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