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:

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of the good that suppliers are willing to offer for sale at that price.

Price Elasticity

Price elasticity measures how much the quantity demanded or supplied of a good changes in response to a change in its price.

Government Program

Initiatives or interventions by the government designed to achieve specific objectives, such as social welfare, economic development, or infrastructure improvement.

Land Cultivation

The process of preparing land for growing crops, including plowing, applying fertilizers, and managing weeds.