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Mary Cooper just purchased 110 shares in the All-American Fidelity Fund. The purchase cost for each share was $35. If this fund charges a 5
Mary Cooper just purchased 110 shares in the All-American Fidelity Fund. The purchase cost for each share was $35. If this fund charges a 5 percent load, what is the total amount of commission she will pay the investment company? |
A) $187.50
B) It is impossible to calculate the amount of the commission from the information provided.
C) $197.50
D) $192.50
E) $96.20
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