Question: A mutual fund charges a 2% front-end load. If an investor invests $2,000 in the fund and the net asset value per share (NAVPS) is

A mutual fund charges a 2% front-end load. If an investor

A mutual fund charges a 2% front-end load. If an investor invests $2,000 in the fund and the net asset value per share (NAVPS) is $5.00, how many units can he buy? A 392 B 400 C 408 D 386

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