Calculate the Annual Rate of Return for a Mutual Fund

question 23

Multiple Choice

Calculate the annual rate of return for a mutual fund with the following fees and expected returns $$\begin{array} { c c c c c } \text { Investment } & \text { E(Retum) } & \text { Load } & 12 b - 1 \text { fee } & \text { Years Held } \\\text { Mutual Fund } & 7 \% & 4 \% & 0.50 \% & 7 \text { years }\end{array}$$

• A)4.95%
• B)5.0%
• C)5.85%
• D)2.5%
• E)6.55%

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The various factors within a society that influence and shape its members' values, beliefs, behaviors, and norms.

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A psychological approach that emphasizes mental processes, such as perception, memory, and problem-solving, as forms of information processing.

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