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Question
An investor invests $100,000 in a mutual fund that has a 5 percent front-end load, charges a management fee of 0.5 percent, and a 12b-1 fee of 0.25 percent. The investor plans to leave the investment for one year. What is the dollar amount of the total shareholder cost?
A. $5,000.
B. $5,500.
C. $5,750.
D. $750.
E. $500.
Answer
This answer is hidden. It contains 102 characters.
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