On January 2, 2007, you invest $10,000 in the W.O.W. Mutual Fund, a load fund that charges a fee of 5%. The fund's returns were 13.6% in 2007, 12.2% in 2008, 8.3% in 2009. On December 31, 2009, you redeem all your W.O.W. shares. The dollar value is
A) $13,600.00
B) $13,664.13
C) $10,000.00
D) $131,136.40
E) $13,113.64
Correct Answer:
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