Funds sells Class A and Class B shares with the following characteristics 1. Class A has a front-end load of 5% and a management expense ratio (MER) of 0.75% annually. 2. Class B has a back-end load which starts at 5% and falls by 1% for each full year that the investor holds the shares and an MER of 1.5% annuallv. Assume that the portfolio rate of return before operating expenses is 9% annually. An investor has $10,000 to invest and is considering which of the two classes of shares to invest in. Consider the following statements on the investor's choice. Statement I. If the investor plans to sell the shares after 3 ears. the better choice is class A Statement I1. If the investor plans to sell the shares after 2 years, the better choice is Class B. Which of the following is correct? 0 a Statement I is incorrect. Statement Il is correct. O b. Statement I is correct. Statement Il is incorrect. ~ c Statements I and Il are both correct. O d. Statements I and Il are both incorrect.