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You want to sell $50,000 worth of mutual funds shares, and the mutual fund has a front-end load of 2% and back-end load of 3%.
You want to sell $50,000 worth of mutual funds shares, and the mutual fund has a front-end load of 2% and back-end load of 3%. How much cash will you have in your account after the sale is complete?
$50,000
$45,000
$48,500
$49,000
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