On January 2, 2007, you invest $10,000 in Megabucks Mutual Fund, a load fund that charges a fee of 2%. The fund's returns were 13% in 2007, 11% in 2008, and 8% in 2009. On December 31, 2009, you redeem all your shares. The dollar value is
A) $13,600.00
B) $13,275.51
C) $13,297.67
D) $13,995.75
E) $10,000.00
Correct Answer:
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