On January 2, 2007, you invest $50,000 in A Mutual Fund, a load fund that charges a fee of 7%. The fund's returns were 12.8% in 2007, 13.9% in 2008, and 7.9% in 2009. On December 31, 2009, you redeem all your shares in A. The dollar value is
A) $64,462.57
B) $644,625.70
C) $50,000.00
D) $6,446.25
E) $10,000.00
Correct Answer:
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