Tim Jones bought 100 shares of Mutual fund ABC at $4.25 with no load. And 100 shares of DEF at $6.00 which had a load of $375 dollars. After selling the shares he completes a table to compare the return for the investments.
Total
Purchase
Commission
Price
ABC = $425 0
DEF = $600 $375 $
Cost
$425
Sales
Cash to Tim
Cash to Tim
Commission
Price
Sales Price - Commission – Total Cost
$850 0
%
$1200 O
$
%