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42) How much money would you need to purchase 400 shares of a mutual fund with a NAV of $55 per share and a 3%

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42) How much money would you need to purchase 400 shares of a mutual fund with a NAV of $55 per share and a 3% load? (Round to the nearest dollar.) A) $22,000 B) $22,680 C) $23,200 D) $22,660 Answer: B Diff: 2 Question Status: Revised

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