Inv cos quiz Study guides, Class notes & Summaries

The formula for the expense ratio of a mutual fund is: A Net Investment Income / Distributions to Shareholders B Net Investment Income - Distributions to Shareholders C Total Expenses - Total Net Assets D Total Expenses / Total Net Assets - correct answer d The customer wants to start a college fund for her child. The anticipated tuition, starting 8 years from now, is $50,000 per year ($200,000 total tuition). Which of the following recomm...