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A no-load fund charges a 12b-1 fee of 0.8% and maintains an expense ratio of 1.2%. Assumes the securities in which the fund invests increase

A no-load fund charges a 12b-1 fee of 0.8% and maintains an expense ratio of 1.2%. Assumes the securities in which the fund invests increase in value by 6.75% per year. If you invested $1,000, how much will your fund shares be worth after 5 years.

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