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The Panda Fund has a 5% front load and a historic return of 11.5%. The Tiger Fund, which has no load, has a historic return

The Panda Fund has a 5% front load and a historic return of 11.5%. The Tiger Fund, which has no load, has a historic return of 11%. If you want to hold the fund for 6 years, which fund would you buy? You must show your work.

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