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A mutual fund holds investments valued at $360 million and has liabilities of $40 million. The fund has 16 million shares outstanding. It is sold

A mutual fund holds investments valued at $360 million and has liabilities of $40 million. The fund has 16 million shares outstanding. It is sold with a front-end load of 2.5%. If Eunice is investing $20,000 in the fund, how many shares of the fund will Eunice buy?

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