A the offering price of an open-end fund is 1030 per share, Ask an Expert

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a) The offering price of an open-end fund is $10.30 per share and the fund is sold with a front-end load of 4%. What is its net asset value?

b) An open-end fund has a net asset value of $10.30 per share. It is sold with a front-end load of 3%. What is the offering price?

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Financial Management, Finance

Category:- Financial Management
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