Three and a half years ago you purchased 1200 units of a fund with a...
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Three and a half years ago you purchased 1200 units of a fund with a NAV of $16.75. The NAV is now $34.50 and the fund had a 6 percent redemption fee declining at 1 percent per year and based on the value of the holdings at the time of the transaction. What will be the proceeds if you sell it today?
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