Five years ago, you purchased 220.80 shares of a mutual fund. Since then, you have reinvested your fund dividends and acquired an additional 35.10 shares. The fund currently has an NAV of $37.60. The fund charges a contingent deferred sales charge of 5% for the first 2 years after which time the charge declines by 1% a year. How much money will you receive if you redeem all your shares today? k O a. $9,360.32 O b. $9,429.40 O c. $9,510.18 O d. $9,633.75 O e. $9,700.79

Five years ago, you purchased 220.80 shares of a mutual fund. Since then, you have reinvested your fund dividends and acquired an additional 35.10 shares. The fund currently has an NAV of $37.60. The fund charges a contingent deferred sales charge of 5% for the first 2 years after which time the charge declines by 1% a year. How much money will you receive if you redeem all your shares today? a. $9,360.32 b. $9,429.40 c. $9,510.18 d. $9,633.75 . $9,700.79