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It costs you $10/share to purchase 100 shares of a mutual fund at the beginning of the year. The fund's front-end load is 6%. How
It costs you $10/share to purchase 100 shares of a mutual fund at the beginning of the year. The fund's front-end load is 6%. How much do you get when you sell the shares at the end of the year, if the securities in which the fund invested decreased in value by 4% during the year, and the fund's expense ratio was 0.25%?
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