Business, 08.04.2020 04:43 Yeetadab1974

16. Assume you purchased shares in The McGuire Mutual Fund at $12 per share at the beginning of 2019 and paid a front-end load of 5%. If the securities in the McGuire Mutual Fund increased in value by 10% during 2019 and the fund’s expense ratio was 1.5%. Ignoring taxes and transaction costs, what rate of return would an investor receive last year on an investment in the McGuire Mutual Fund?

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16. Assume you purchased shares in The McGuire Mutual Fund at $12 per share at the beginning of 2019...

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