The bruin stock fund sells class a shares that have a


The Bruin Stock Fund sells Class A shares that have a front-end load of 5.35 percent, a 12b-1 fee of 0.31 percent, and other fees of 0.97 percent. There are also Class B shares with a 5 percent CDSC that declines 1 percent per year, a 12b-1 fee of 1.4 percent, and other fees of 0.97 percent. Assume the portfolio return is 12 percent per year.

1. 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?

Class A =

Class B =

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Financial Management: The bruin stock fund sells class a shares that have a
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