An investor invests $100,000 in a mutual fund that has a 5 percent front-end load,charges a management fee of 0.5 percent,and a 12b-1 fee of 0.25 percent.The investor plans to leave the investment for one year.What is the dollar amount of the total shareholder cost?
A) $5,000.
B) $5,500.
C) $5,750.
D) $750.
Correct Answer:
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