Business, 15.04.2020 22:18 musoke25p8zrsw

You pay $20,700 to the Laramie Fund which has a NAV of $18.00 per share at the beginning of the year. The fund deducted a front-end load of 6.20%. The securities in the fund increased in value by 14% during the year. The fund's expense ratio is 1.90% and is deducted from year end asset values. What is your rate of return on the fund if you sell your shares at the end of the year

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You pay $20,700 to the Laramie Fund which has a NAV of $18.00 per share at the beginning of the year...

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