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The Bruin Stock Fund sells Class A shares that have a front-end load of 4.90 percent,...

The Bruin Stock Fund sells Class A shares that have a front-end load of 4.90 percent, a 12b-1 fee of 0.40 percent, and other fees of 1.24 percent. There are also Class B shares with a 5 percent CDSC that declines 1 percent per year, a 12b-1 fee of 1.85 percent, and other fees of 1.24 percent. Assume the portfolio return is 9 percent per year.

a. What is the value of $1 invested in each share class if your investment horizon is 3 years? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Investment Value

Class A

$

Class B

$

b. What if your investment horizon is 20 years? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Investment Value

Class A

$

Class B

$

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Expert Solution

please see image or detail answer

jeff jeffy answered 9 months ago
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