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You invested $9,000 in a mutual fund 44 months ago when the NAV of the fund was $36.5. You have not acquired or sold any

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You invested $9,000 in a mutual fund 44 months ago when the NAV of the fund was $36.5. You have not acquired or sold any shares since that time. Today, the NAV is $33.2. The fund charges a contingent deferred sales charge of 6, 5, 4, 3, 2, 2, and 1 percent if the shares are redeemed within the first 7 years, respectively. How much money will you receive if you redeem your shares today? $8,508.91 $7,940.71 $7,355.00 $7,178.86 $7,478.92

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