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What value of $20 and a front-end load of 3%? is the offering or purchase price of a mutual fund, assuming a net asset a)

What value of $20 and a front-end load of 3%?

is the offering or purchase price of a mutual fund, assuming a net asset

  1. a) $19.40

  2. b) $20.30

  3. c) $20.60

  4. d) $20.62

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