please answer these asap Which of the following statements is incorrect about...
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Which of the following statements is incorrect about mutual fund fees and performance? Average actively managed mutual fund performance is not impressive compared to the market performance. Mutual funds with high turnover rate incur higher trading cost. Expenses, loads, tax burdens have substantial negative impact on mutual fund returns. There are some mutual funds that outperform the market, but it is very hard to pick these winners ex ante. No-load funds cannot have high annual operating expense ratio. Question 7 (5 points) Nina is considering an additional charitable contribution of $1,250 to a taxdeductible charity, bringing her total itemized deductions to $12,000. She will file as single, which gives her a $12,200 standard deduction. If she is in a 28 percent tax bracket, how much will this $1,250 contribution reduce her taxes? $0$350$1,200$3,360$1,250
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