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A mutual fund charges a 2% front-end load. If an investor invest $2,000 in the fund and the net asset value per share (NAVPS) is

A mutual fund charges a 2% front-end load. If an investor invest $2,000 in the fund and the net asset value per share (NAVPS) is $5,00, how many units can he buy?

a. 408

b.400

c.386

d.392

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