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Question to We A 15 po Thirty-eight months ago, you've invested your $5,350 to purchase the shares of a mutual fund when the NAV was

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Question to We A 15 po Thirty-eight months ago, you've invested your $5,350 to purchase the shares of a mutual fund when the NAV was $22.34. Since then, you have reinvested your fund dividends and acquired an additional 562 shares. The fund currently has an NAV of $31.77. The fund charges a contingent deferred sales charge 7 percent for the first year after which time the charge declines by 1 percent a year. How much money will you receive if you redeem all of your shares today

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