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sladkih [1.3K]
3 years ago
10

Another name for a mutual fund that doesn't charge a sales load or a contingent deferred sales fee, but does charge an ongoing h

igher 12b-1 fee is a class ____________ fund.
Business
1 answer:
Elina [12.6K]3 years ago
7 0

Answer:

Class B fund

Explanation:

Class B mutual funds do not charge a front-end sales fee, but they do impose a higher 12b-1 fee. In the short term, the purchase of Class B shares involves paying higher fees than Class A shares. However, in the long term, the investment might be lower on Class B than paying an upfront sales load for Class A.

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Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
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Answer:

$155,700

Explanation:

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3 years ago
With practical illustration, discuss how managers can leverage on organizational behavior components to maximize business succes
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Explanation:

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3 years ago
Jeff, a local traffic​ engineer, has designed a new pedestrian foot bridge that is capable of handling the current traffic rate
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Answer:

a. How long will the current bridge system work before a new bracing system is​ required?: 64.18 years or 64 years and 2 months.

b. What if the annual traffic rate increases at 8 ​% ​annually: The bracing system will last for 24.65 years or 24 years and 7 months.

c. At what traffic increase rate will the current system last only 12 ​years: 17.13%

Explanation:

a. Denote x is the time taken for the number of pedestrian to grow from 300 to 2000. The current pedestrian is 300, the grow rate per year is 3% or 1.03 times a year. Thus, to reach 2,000, we have the equation: 300 x 1.03^x = 2000. Show the equate, we have 1.03^x = 6.67 <=> x = 64.18

b.  Denote x is the time taken for the number of pedestrian to grow from 300 to 2000. The current pedestrian is 300, the grow rate per year is 8% or 1.08 times a year. Thus, to reach 2,000, we have the equation: 300 x 1.08^x = 2000. Show the equate, we have 1.08^x = 6.67 <=> x = 24.65.

c. Denote x as traffic increase rate. The current pedestrian is 300, the grow rate per year is (1+x) times a year. Thus, to reach 2,000 after 12 years and thus a new bracing system to be in place, we have the equation: 300 x (1+x)^12 = 2000. Show the equate, we have (1+x)^12 = 6.67 <=> 1+x = 1.1713 <=> x = 17.13%.

8 0
3 years ago
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