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Mary Canfield purchased the New Dimensions bond fund. While this fund doesnt charge a front-end load, it does charge a contingent deferred sales load of

Mary Canfield purchased the New Dimensions bond fund. While this fund doesnt charge a front-end load, it does charge a contingent deferred sales load of 2.5 percent for any withdrawals in the first five years. Mary withdraws $6,500 during the second year.

How much is the contingent deferred sales load? (Round your answer to 2 decimal places.)

Contingent deferred sales load $

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