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If a mutual fund charges a front-end load of 3%, how much must the investor pay per unit if the NAVPS is $10.00? A. $9.70

If a mutual fund charges a front-end load of 3%, how much must the investor pay per unit if the NAVPS is $10.00?

A.

$9.70

B.

$10.00

C.

$10.16

D.

$10.31

E.

$13.00

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