Question: Two mutual funds are displayed in the table below. Fund A has a front end load whilst fund B has a back end load. For

Two mutual funds are displayed in the table below. Fund A has a front end load whilst fund B has a back end load. For both Fund A and Fund B, calculate

i) the number of shares purchased one year ago with $10,000

ii) the total profit in dollars for the year

Load	NAV 1 year ago	NAV today
Fund A Front end load of 3%	10.23	11.25
Fund B Back end load of 2%	23.45	25.79

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