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3.A mutual fund offers A shares which have a 5% upfront load and an expense ratio of 0.76%. The fund also offers B shares which

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3.A mutual fund offers A shares which have a 5% upfront load and an expense ratio of 0.76%. The fund also offers B shares which have a 3% backend load and an expense ratio of 0.87%. Which shares make more sense for an investor looking over an 18 year horizon?

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