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Suppose you invested $1,000 in Fund XYZ. You paid a front-end load of 5%. The find has operation expense of 1% annually and O back-end

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Suppose you invested $1,000 in Fund XYZ. You paid a front-end load of 5%. The find has operation expense of 1% annually and O back-end load. Assume a 10% annual return before expenses tie, gross return r). What is the NAV you expect to claim at the end of year 42 $1.390.9 51.4641 $1.3410 51.4116

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