Anne Lily Purchased 260 Shares of the New Sage Growth

Multiple Choice

Anne Lily purchased 260 shares of the New Sage Growth Fund.The net asset value for each share at the time of purchase was $19.If this fund charges a 4.5 percent load, what is the commission amount she will pay the investment company?

A) $19.00
B) $222.30
C) $500.00
D) $1170.00
E) No commission is charged