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Question: As Bart Brownlee approached retirement, he decided the time had come to invest some of his nest egg in a conservative fund. He chose the Franklin Utilities Fund. If he invests $150,000 and the fund charges a 4.25 percent load when shares are purchased, what is the amount of commission that Bart must pay?

Commission (load) $

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92781816

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