Calculate the Annual Rate of Return for a Mutual Fund

question 46

Multiple Choice

Calculate the annual rate of return for a mutual fund with the following fees and expected returns
$$\begin{array} { l c c c c } \text { Investment } & E ( \text { Return } ) & \text { Laad } & 12 \mathrm {~b} - 1 \mathrm { Eee } & \text { Years Hele } \\\text { Mutual Fund } & 7 \% & 4 \% & 0.50 \% & 7 \text { years }\end{array}$$

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

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Definitions:

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A principle in commercial law that requires goods delivered under a sales contract to exactly meet the terms of the contract in quality, quantity, and manner of delivery.

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pertains to the legitimate refusal of an offer, goods, or services that do not meet contractual or predetermined criteria or standards.

Small Dent

A minor indentation or damage on a surface, typically referring to physical objects like vehicles.

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The act of offering goods for delivery to a buyer in accordance with a sales contract.