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You invest $550 in a mutual fund with a 2% front-end load fee and 5% back-end load fee. The management fee is 1.2%. What will
You invest $550 in a mutual fund with a 2% front-end load fee and 5% back-end load fee. The management fee is 1.2%. What will be your return if you sell your shares in the mutual fund after 1 year for $630?
a. 1.5%
b. 5.5%
c. 6.5%
d. 4.5%
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