1. Which would have more impact on a mutual funds return, a 2 % front end load or a 2 % back end load? a. It depends entirely on the beginning and ending NAV b. A front end load will have more impact due to PV > FV c. It depends entirely on the rate of return during that time d. A back end load will have more impact due to the larger expected NAV e. They will both have the same impact