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Assume a typical investor purchases $ 2 0 , 0 0 0 worth of Aurora using the back - end load option which includes a

Assume a typical investor purchases $20,000 worth of Aurora using the back-end load option which includes a performance bonus; what are the cash flow impacts for CIBC SI, the broker, and van Berkom? (i.e., assume the fund grows at 11 per cent the first year and 10 per cent the second year and the TSX grows at 6 per cent the first year and 14 per cent the second).
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