Reference no: EM132886068

The following information pertains to the Big Returns Fund:

Cost                                     Class A                         Class B               Class C

Front-end load                 5.50                        0.00                  0.00

Back-end load                  0.00                       5.00                  1.00

Declining 1% per year First year only

Management fee            0.90                        0.90                 0.90

12b-1 fee                      0.25                      0.50               1.00

Question 1: For each share class, calculate (a) how much you would pay in initial commissions, (b) how much you would pay in back-end commissions if you sold after 2 years, and (c) how much you would pay in annual expenses over a 2-year holding period. Assume that you purchased $2,500 worth of shares in this fund and that prior to reductions for management and 12b-1 fees the gross fund return was 10 percent each year.