The following table presents information on four different open-end mutual funds. Use the information in the table to answer the questions that follow. FUND NAV NET CHG YTD % RET QtrF p 13.32 0.04 3.1 TmRE r 20.77 0.14 6.0 MRGG 29.81 0.28 8.5 MajTrk 44.21 0.37 9.6 The mutual fund charges a 12b-1 fee.
The following table presents information on four different open-end mutual funds. Use the information in the table to answer the questions that follow. FUND NAV NET CHG YTD % RET QtrF p 13.32 0.04 3.1 TmRE r 20.77 0.14 6.0 MRGG 29.81 0.28 8.5 MajTrk 44.21 0.37 9.6 The mutual fund charges a 12b-1 fee.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The following table presents information on four different open-end mutual funds. Use the information in the table to answer the questions that follow.
FUND
|
NAV
|
NET CHG
|
YTD % RET
|
---|---|---|---|
QtrF p | 13.32 | 0.04 | 3.1 |
TmRE r | 20.77 | 0.14 | 6.0 |
MRGG | 29.81 | 0.28 | 8.5 |
MajTrk | 44.21 | 0.37 | 9.6 |
The mutual fund charges a 12b-1 fee.
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