The Bruin Stock Fund sells Class A shares that have a front-endload of 4.9 percent, a 12b-1 fee of 0.40 percent, and other fees of1.24 percent. There are also Class B shares with a 5 percent CDSCthat declines 1 percent per year, a 12b-1 fee of 1.85 percent, andother fees of 1.24 percent. Assume the portfolio return is 9percent per year.
a. What is the value of $1 invested in each share class if yourinvestment horizon is 3 years? (Do not round intermediatecalculations. Round your answers to 2 decimal places.)
Investment Value
Class A
Class B
b. What if your investment horizon is 20 years? (Do not roundintermediate calculations. Round your answers to 2 decimalplaces.)
Investment Value
Class A
Class B
