Alex invested $9,830 in a mutual fund at a time when the price per share was $10. The fund hasa load feeof $50. How many shares did she purchase?
if Alex had invested the same amount of money in a no-load fund with the same price per share, how many shares could she have purchased?
Alex later sells her shares in the mutual fund for $12.50 per share. What would her percentage return be in a load fund return case?
Alex later sells her shares in the mutual fund for $12.50 per share. What would her percentage return be in a no-load fund return case?