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Question 10 (3 points) You offer your broker $4400.00 to purchase a mutual fund. The mutual fund has a 1.00% front-load fee and a 2.40%

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Question 10 (3 points) You offer your broker $4400.00 to purchase a mutual fund. The mutual fund has a 1.00% front-load fee and a 2.40% annual expense ratio. Each year, the value of the securities held by the fund increase by 6.00%. What is the total value of your mutual fund holdings after 3 years. Answer in dollars and cents (ex: 1000.00). Your

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