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Question 39 (1 point) Assume you want to buy a mutual fund with a NAV of $10. The fund charges an up- front load fee

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Question 39 (1 point) Assume you want to buy a mutual fund with a NAV of $10. The fund charges an up- front load fee of 5%. Assume you want to invest $1,000 into the fund, how much do you have to pay for 100 shares? $1,050.00 $1,052.63 None of the answers is correct $1,047.23 $950.00

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