Alex invested 9530 in a mutual fund at a time when the, Ask an Expert

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Alex invested $9,530 in a mutual fund at a time when the price per share was $10. The fund has a load fee of $50. How many shares did she purchase?

If Alex had invested the same amount of money in a no-load fund with the same price per share, how many shares could she have purchased?

Alex later sells her shares in the mutual fund for $12 per share. What would her percentage return be in a load fund return case?

Alex later sells her shares in the mutual fund for $13 per share. What would her percentage return be in a no-load fund return case?

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Financial Management, Finance

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