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An open-end mutual fund has a net asset value of $13.27 / share.It is sold with a front-end load of 5.5%.What is the price retail
An open-end mutual fund has a net asset value of $13.27 / share.It is sold with a front-end load of 5.5%.What is the price retail investors will pay for the shares (its offering price)?
A.$13.27
B.$14.04
C.$12.57
D.$15.13
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