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An investor invests $100,000 in a mutual fund that has a 5% front-end load, charges a management fee of 0.5 percent, and a 12b-1 fee of 0.25 percent. The investor plans to leave the investment for one year. What is the dollar amount of the total shareholder cost?

a. $5,000

b. $5,500

c. $5,750

d. $750

e. $500

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M941949

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