Given the following fees and expected returns for fund X, assuming an initial investment of $1000 calculate the value of the investment at the end of 5 years.

investment (x)

E(retum) (10%)

load (2.5%)

12b-1 fee (0.25%)

rear-end load (0%)

years (5 years)

A)$1069.82

B)$1550.77

C)$1042.36

D)$1689.95

E)$1389.95