Q6a. An investor purchases unit in an equity fund at an NAVPS of $17. The investor sells the fund two years later when the NAVPS is $12 and a 5% back-end load is charged. If the load is charged on the original purchase amount, what is the selling price per unit? (show all calculations) Hiral Q6b. If instead, the 5% back-end load is charged based on the NAVPS at the time of redemption, what is the selling price per unit? (show all calculations) Hiral Q7. In your own words, briefly describe how mutual funds are regulated in Canada. Assume that this response is being sent to your clients in as part of a newsletter. Your response must be original work and in line with the course content. Hiral