On January 2,2003,you Invest $10,000 in Megabucks Mutual Fund,a Load

question 43

Multiple Choice

On January 2,2003,you invest $10,000 in Megabucks Mutual Fund,a load fund that charges a fee of 2%.The fund's returns were 13% in 2003,11% in 2004,8% in 2005.On December 31,2005 you redeem all your shares.The dollar value is

• A) $13,600.00
• B) $13,275.51
• C) $13,297.67
• D) $13,995.75
• E) $10,000.00

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