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Assume that you have a million dollars to invest and expect the market to be generate an 10% return on an annual basis f
Posted: Thu May 05, 2022 8:36 am
by answerhappygod
- Assume That You Have A Million Dollars To Invest And Expect The Market To Be Generate An 10 Return On An Annual Basis F 1 (27.86 KiB) Viewed 32 times
Assume that you have a million dollars to invest and expect the market to be generate an 10% return on an annual basis for the next 5 years. If mutual funds, on average, deliver 1% less than the market and you invest in an average--risk, load fund with a load of 2% (the fund takes 2% of your investment up front), how much less money will you have from investing in this load fund at the end of 5 years than you would have investing in an index fund over the same period? O $231,117 O $207,117 $71,886 O $102,659