On January 2,2003,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 2003,13.9% in 2004,7.9% in 2005.On December 31,2005 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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