Suppose You Consider Investing $1,000 in a Load Fund Which

Suppose you consider investing $1,000 in a load fund which charges a fee of 2%, and you expect the fund to earn 11% over the next year. Alternatively, you could invest in a no-load fund with similar risk that is expected to earn 7% and charges a 1/2% redemption fee. Which is better and by how much?

A) Funds are equal
B) No-load fund by $36.98
C) Load fund by $45.25
D) Load fund by $23.15
E) No-load fund by $15.52