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You purchase a mutural fund at an offer price of $11.28 per share. if the net asset value is $10.74, find the sales charge percent.
You purchase a mutural fund at an offer price of $11.28 per share. if the net asset value is $10.74, find the sales charge percent. (round to the nearest tenth)
a. 5.0%
b. 95.0%
c. 4.8%
d 95.2%
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