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You Want to Buy 1,200 Shares of a Mutual Fund

question 108

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You want to buy 1,200 shares of a mutual fund that has an NAV of $27.80. The fund charges a 3.75% front-end load. How much will you have to spend to make this purchase?

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Definitions:

Physical Environments

The physical surroundings in which an organism lives, including all of the biological, chemical, and physical conditions that affect it.

Good Health

A state of complete physical, mental, and social well-being, not merely the absence of disease or infirmity.

Contemplation Phase

A stage of change in which an individual is considering making a change within the next six months, often characterized by ambivalence.

Precontemplation Phase

The stage in which an individual is not yet considering change or is unaware of the need to change a behavior.

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