Based on the Mutual fund's NAV and the POP, the sales charge can be found to be D. 8%.
How is a Mutual fund's sales charge calculated?
You can find the sales charge through the formula:
= (POP - NAV) / POP x 100%
Solving gives:
= (18 - 16.56) / 18 x 100%
= 1.44 / 18 x 100%
= 8%
Find out more on Mutual fund charges at https://brainly.com/question/22525531.
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