The Bruin Stock Fund sells Class A shares that have a front-end load of 4.8 percent, a 12b-1 fee of 0.42 percent, and other fees of 1.3 percent. There are also Class B shares with a 5 percent CDSC that declines 1 percent per year, a 12b-1 fee of 1.95 percent, and other fees of 1.3 percent. Assume the portfolio return is 11 percent per year. What is the value of $1 invested in each share class if your investment horizon is 3 years? Class A $ Class B $ What if your investment horizon is 20 years?

Part 1 :

The total investment for,

Class A =  $1.24

Class B = $ 1.23

Part 2:

The total investment for,

Class A = $ 5.62

Class B = $ 4.45

Step-by-step explanation:

The amount of investment Net of Front end Load,

Part 1:

If the investment horizon is 3 years, the value of $1 invested in each share class for Class A become,

The value of $1 invested in each share class for Class A is $1.24.

If the investment horizon is 3 years, the value of $1 invested in each share class for Class B become,

The value of $1 invested in each share class for Class B is $1.23.

Part 2:

If the investment horizon is 20 years, the value of $1 invested in each share class for Class A become,

The value of $1 invested in each share class for Class A is $5.62.

If the investment horizon is 20 years, the value of $1 invested in each share class for Class B become,

The value of $1 invested in each share class for Class B is $4.45.

answer:   x = 3 + √11     and     x = 3 - √11

step-by-step explanation:

x² - 6x + 9 = 11

(x - 3)² = 11

x - 3 = ±√11

    x = 3 ± √11

x = 3 + √11     and     x = 3 - √11

f(x)=4

step-by-step explanation: