A mutual fund charges a 2% front-end load and a Management Expense Ratio (MER) of 3%. Nestor invests $25,000 in the fund, and the Net Asset Value Per Share (NAVPS) is $13.50, how many shares can he buy?

1. 1,852 shares
2. 1,828 shares
3. 1,759 shares
4. 1,809 shares
5. 1,815 shares