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Business, 14.12.2019 01:31 tanionxavier
You invest in a mutual fund that charges a 3% front-end load, 1% total annual fees, and a 0% back-end load on class a shares. the same fund charges a 0% front-end load, 1% total annual fees, and a 2% back-end load on class b shares. what are the total fees in year 1 on a class b investment of $20,000 if you redeem shares with no growth in value?
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