1 an open-end fund has a net asset value of 1630 per share, Ask an Expert

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1. An open-end fund has a net asset value of $16.30 per share. It is sold with a front-end load of 4%. What is the offering price? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

2. You will recieve 1000 in 10 years, if your opportunity cost is 6% annually, what is the present value of this amount if interest is compounded semi annually? what is the EAR? please show work.

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Financial Management, Finance

Category:- Financial Management
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