Personal Finance Mutual Funds

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

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.