On January 2, 2003, you invest $50,000 in the Lizbiz Mutual Fund, a load fund that charges a fee of 5%. The fund's returns were 14.6% in 2003, -6.4% in 2004, 15.2% in 2005 . On December 31, 2005 you redeem all your shares. The dollar value is
a. $66,722.27
b. $15,200.00
c. $58,695.74
d. $33,366.25
e. $10,000.00
C
You might also like to view...
A company can enter a foreign market through a ________, which is a complete form of licensing in which the company offers a complete brand concept and operating system
A) contract manufacturing B) cooperative agreement C) management contract D) joint venture E) franchising arrangement
The Land and Building accounts may be combined into one account
Indicate whether the statement is true or false
In the 21st century, if public relations practitioners strive to be effective, they will not give into customizing their communications
Indicate whether the statement is true or false
Jason is looking for a method of training his employees that will provide hands-on experience and allow for the instructor to customize the training to each employee’s needs. Jason’s best choice of training method would be ________ training.
A. on-the-job B. classroom C. distance D. simulation E. alternative