2) (4 pts) Given the following data about ABC mutual fund on April 1 Assets: Liabilities: Cash = $20,000 Accrued fees and expenses = $10,000 30,000 shares of Stock A: Closing Price = $20 Total Value of Assets =$620,000 Shares outstanding: 50,000 NAV = $12.20 A) If this is a front-end loaded fund with an public offer price of $12.45, what is the front end load? % Front end load - B) If you invested $10,000 in this fund on April 1, (you had to pay the public offer price of $12.45) and the fund had short term distributions of $0.40 per share and long-term distributions of $0.60 per share over the next year, what is your return for the year if the NAV at the end of the year is increases to $13.05? % Return for the year = %