MCQOPTIONS
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| 1. |
You invested 1,000 in a mutual fund with a 4% load when NAV was 20 per share. If you sell your sharesat a NAV of 20 per share, what is the return of your investment? |
| A. | 14.8% |
| B. | 15.2% |
| C. | 12.5% |
| D. | 10.8% |
| Answer» C. | |