Business, 17.04.2020 02:26 cristian592

A. You expect a tax-free municipal bond portfolio to provide a rate of return of 4.2%. Management fees of the fund are 0.62%. What fraction of portfolio income is given up to fees? (Round your answer to 1 decimal place.) b. If the management fees for an equity fund also are 0.62%, but you expect a portfolio return of 14.0%, what fraction of portfolio income is given up to fees? (Round your answer to 1 decimal place.) c. For which fund might management fees be a bigger factor in your investment decision? Bond fund Equity fund

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A. You expect a tax-free municipal bond portfolio to provide a rate of return of 4.2%. Management fe...

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