Purchase of Sadia Fund
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You purchase 100 shares of Sadia Fund at the offering price of $40.00. There is no front- or back-end load, but the operating expense ratio is 2.0%. If the fund appreciates by 15%, what is your percentage return one year later?
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This solution is comprised of a detailed explanation to calculate percentage of Return one year later.
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You purchase 100 shares of Sadia Fund at the offering price of $40.00. There is no front- or back-end load, but the ...
Purchase this Solution
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