You are considering an investment in a mutual fund with a 7% load and expense ratio...

You are considering an investment in a mutual fund with a 7% load and expense ratio of 0.5%. You can invest instead in a bank CD paying 3% interest. a. If you plan to invest for 5 years, what annual rate of return must the fund portfolio earn for you to be better off in the fund than in the CD? Assume annual compounding of returns. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. What annual rate of return must the fund portfolio earn if you plan to invest for 7 years to be better off in the fund then in the CD?

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You are considering an investment in a mutual fund with a 7% load and expense ratio...

You are considering an investment in a mutual fund with a 7% load and expense ratio of 0.25%. You can invest instead in a bank CD paying 3% interest. a. If you plan to invest for 3 years, what annual rate of return must the fund portfolio earn for you to be better off in the fund than in the CD? Assume annual compounding of returns. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. What...

You are considering an investment in a mutual fund with a 7% load and an expense...

You are considering an investment in a mutual fund with a 7% load and an expense ratio of 0.5%. You can invest instead in a bank CD paying 3% interest. a. If you plan to invest for 5 years, what annual rate of return must the fund portfolio earn for you to be better off in the fund than in the CD? Assume annual compounding of returns. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b....

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You are considering an investment in a mutual fund with a 3% load and an expense ratio of 0.6%. You can invest instead in a bank CD paying 5% interest. a. If you plan to invest for two years, what annual rate of return must the fund portfolio earn for you to be better off in the fund than in the CD? Assume annual compounding of returns. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Annual...

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You are considering an investment in a mutual fund with a 5% load and an expense ratio of 1%. You can invest in a bank CD paying 5% interest. a. If you plan to invest for 6 years , what annual rate of return must the fund portfolio earn for you to be better off in the fund than in the CD? Does load fee reduce your effective investment amount? Why? b. If you plan to invest for two years...

You are considering an investment in a mutual fund with a 5% load and an expense...

You are considering an investment in a mutual fund with a 5% load and an expense ratio of 1.25%. You can invest instead in a bank CD paying 7% interest. a. If you plan to invest for two years, what annual rate of return must the fund portfolio earn for you to be better off in the fund than in the CD? Assume annual compounding of returns. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b....

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You are considering an investment in a mutual fund with a 7% load and expense ratio...

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