You Want to Buy 1,200 Shares of a Mutual Fund

You want to buy 1,200 shares of a mutual fund that has an NAV of $28.50. The fund charges a 3.5 percent front-end load. How much will you have to spend to make this purchase?

A) $31,878.87
B) $32,913.00
C) $32,953.37
D) $33,333.33
E) $35,440.41