Average annual fee, paid by the investor

by | Sep 10, 2021 | Homework Help

Fidelity Mutual Fund charges a one-time 6.8% upfront load plus reports an expense ratio of 1.24%. If an investor plans on holding the fund for 20 years, what is the average annual fee, as a percent, paid by the investor?1.58%1.89%1.76%1.67%

Plagiarism-free and delivered on time!

We are passionate about delivering quality essays.

Our writers know how to write on any topic and subject area while meeting all of your specific requirements.

Unlike most other services, we will do a free revision if you need us to make corrections even after delivery.