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OpenStudy (anonymous):
2. Calculating Mutual Fund Fees. In the prospectus for the Brazos Small Cap Fund, the fee table indicates that the fund has a 12b-1 fee of 0.35% and an expenses ratio of 1.65% that is collected once a year on December 1. If John and Don Norwood have shares valued at $31,000 on December 1. a. What is the amount of the 12b-1 fee this year? b. What is the amount they will pay for expenses this year?
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