Dollar amount of the total shareholder cost, Accounting Basics

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Dollar amount of the total shareholder cost

Problem:

An investor invests $100,000 in a mutual fund that has a 5 percent front-end load, charges a management fee of 0.5 percent, and a 12b-1 fee of 0.25 percent. The investor plans to leave the investment for one year.

Required:

Question: What is the dollar amount of the total shareholder cost?

Note: Show all workings.

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Accounting Basics: Dollar amount of the total shareholder cost

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Accounting Basics: Dollar amount of the total shareholder cost

Reference No:- TGS0889651

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Accounting Basics: Dollar amount of the total shareholder cost

Reference No:- TGS0889651

Recent Questions Asked Accounting Basics

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