Suppose You Consider Investing $1,000 in a Load Fund Which

question 89

Multiple Choice

Suppose you consider investing $1,000 in a load fund which charges a fee of 2%,and you expect the fund to earn 11% over the next year.Alternatively,you could invest in a no-load fund with similar risk that is expected to earn 7% and charges a 1/2 percent redemption fee.Which is better and by how much?

• A) Funds are equal
• B) No-load fund by $36.98
• C) Load fund by $45.25
• D) Load fund by $23.15
• E) No-load fund by $15.52

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A movement or group that uses the people in a given district, region, or community as the basis for a political or economic movement.

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The general sentiment or attitude of the population towards political matters, which can influence public policy and electoral outcomes.

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Organizations or movements that challenge, oppose, or seek to change the established governance or political system.

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A person who inspires and motivates others through their personal charm and persuasive communication.