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Business, 30.09.2019 18:30 Usman458

You pay $21,600 to the laramie fund which has a nav of $18.00 per share at the beginning of the year. the fund then deducted a front-end load of 4%. over the next 4 years the fund return before expenses will be 4%/year. if the annual operating expenses will be 1% and the 12b-1 fees will be 0.5%, what is your investment worth at the end of 4 years?

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You pay $21,600 to the laramie fund which has a nav of $18.00 per share at the beginning of the year...

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