When a Mutual Fund Is Valuing Your Pre-Existing Holdings to See

When a mutual fund is valuing your pre-existing holdings to see if you qualify for a reduced sales charge under its rights of accumulation program, it must use:

A) the current NAV of your holdings.
B) the current public offering price (POP) of your holdings.
C) the price you paid when you purchased the shares originally.
D) none of the above.