The Bull Fund offers three classes of shares for investors. Class A shares charge a 2.00% front-load, 0.00% 12b-1, and 1.00% management fee. Class B shares charge a 1.00% front-load, 0.00% 12b-1, and 1.25% management fee. Class C shares have no load and charge 0.75% 12b-1, and 0.75% management fee. Assume the expected rate of return (before fees) on the fund is 8% and you intend to invest $10,000. Which class would you prefer if your holding period is five years?

Data	Class A	Class B	Class C
Front load	2.0%	1.0%	0.0%
12b-1 fee	0.00%	0.00%	0.75%
Mgt fee	1.00%	1.25%	0.75%

A shares, because the value will be $13,745.01

B shares, because the value will be $13,921.07

A shares, because the value will be $13809.67

B shares, because the value will be $13,793.12