Question: 14) A mutual fund charges a 5% front-end load. If an investor invests $2000 in the fund and the net asset value per share (NAVPS)

14) A mutual fund charges a 5% front-end load. If an investor invests $2000 in the fund and the net asset value per share (NAVPS) is $10.00, how many units can he buy? a) 200 b) 180 c) 190 d) 170

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