Question 3 [20 points] Suppose the following information is available for a fund: front-end load 1.1% expenses (every year) 0.65% back-end load 6% (note: this 6% goes down by 1% every year.) Suppose you invested $14 million on this fund and earned zero gross return over a 4-year period. Calculate your costs of investing on this fund (suppose you sold your shares of this fund after 4 years.)