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Ricardo Errico purchases 200 Acha-Better Fund shares with a net asset value of $40 per share. It charges a 5% front load. How much will

Ricardo Errico purchases 200 Acha-Better Fund shares with a net asset value of $40 per share. It charges a 5% front load. How much will be invested in the fund net of the front load charges?

Group of answer choices

$ 7,000

$ 7,600

$ 8,400

$ 8,000

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