You purchased 1000 shares of the new fund at an nav of 27, Financial Econometrics

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You purchased 1000 shares of the new fund at an nav of 27

You purchased 1,000 shares of the New Fund at an NAV of $27 per share at the beginning of the year. You paid a front-end load of 2%. The securities in which the fund invests increase in value by 11% during the year. The fund's expense ratio is 1.0%.

What is your rate of return on the fund if you sell your shares at the end of the year?

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Financial Econometrics: You purchased 1000 shares of the new fund at an nav of 27

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Financial Econometrics: You purchased 1000 shares of the new fund at an nav of 27

Reference No:- TGS0668050

Have a Question? (oR Write a Review)

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Request for Solution File

Ask an Expert for Answer!!

Financial Econometrics: You purchased 1000 shares of the new fund at an nav of 27

Reference No:- TGS0668050

Recent Questions Asked Financial Econometrics

Q : Your coin collection contains fifty-four 1941 silver

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