Suppose You Consider Investing $10,000 in a Load Fund from Which

question 85

Multiple Choice

Suppose you consider investing $10,000 in a load fund from which a fee of 3 percent is deducted and you expect the fund to earn 12 percent over the next year. Alternatively, you could invest in a no-load fund that is expected to earn 10 percent and which takes a 0 percent redemption fee. Which is better and by how much?

• A) load fund by $151
• B) no load fund by $136
• C) funds are equal
• D) no load fund by $421
• E) load fund by $115

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Individuals or institutions that control access to cultural information and materials, influencing what is considered acceptable or popular.

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A professional who studies or works in the field of cultural studies, focusing on understanding the customs, values, and social patterns of different societies.

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Cultural Gatekeeper

An individual or institution that controls access to cultural knowledge and materials, influencing what becomes mainstream or valued in a culture.