Given the Following Fees and Expected Returns for Fund Y,assuming

question 18

Multiple Choice

Given the following fees and expected returns for fund Y,assuming an initial investment of $1000 calculate the value of the investment at the end of 5 years
$\begin{array}{lccccc}\text { Investment } & \mathrm{E} \text { (Return) } & \text { Load } & 12 \mathrm{~b}-1 \text { fee } & \text { Rear-end load } & \text { Years } \\\mathrm{Y} & 8 \% & 0 \% & 0.50 \% & 3 \% & 5 \text { year }\end{array}$

• A) $1069.82
• B) $1550.77
• C) $1642.36
• D) $1389.95
• E) $1362.59

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Definitions:

High Potential

Refers to individuals who have been identified as having the capability and aspiration to hold successive leadership positions within an organization.

Research and Development

The systematic activity combining both basic and applied research, aimed at discovering solutions to problems or creating new goods, processes, or services.

Fundamental Conditions

Essential circumstances or factors that underlie and determine the nature of an environment, system, or situation.

Creative Potential

The capacity to generate original ideas, approaches, or solutions that are both novel and useful in a particular context.