On January 2,2003,you invest $100,000 in the Jeffers Mutual Fund,a load fund that charges a fee of 5%.The fund's returns were -14.6% in 2003,-6.4% in 2004,35% in 2005.On December 31,2005 you redeem all your shares.The dollar value is:
A) $95,600.57
B) $102,515.90
C) $83,297.75
D) $133,995.75
E) $100,000.00
Correct Answer:
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