On January 2,2003,you invest $50,000 in the Lizbiz Mutual Fund,a load fund that charges a fee of 5%.The fund's returns were 14.6% in 2003,-6.4% in 2004,15.2% in 2005.On December 31,2005 you redeem all your shares.The dollar value is
A) $66,722.27
B) $15,200.00
C) $58,695.74
D) $33,366.25
E) $10,000.00
Correct Answer:
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