On January 2, 2007, you invest $50,000 in the Lizbiz Mutual Fund, a load fund that charges a fee of 5%. The fund's returns were 14.6% in 2007, -6.4% in 2008, 15.2% in 2009. On December 31, 2009, you redeem all your shares. The dollar value is
A) $66,722.27
B) $15,200.00
C) $58,695.74
D) $33,366.25
E) $10,000.00
Correct Answer:
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