7. An investor sends the fund a check for $50,000. If there is no front-end load, calculate...
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7. An investor sends the fund a check for $50,000. If there is no front-end load, calculate the new num- ber of shares and price per share. Assume the man- ager purchases 1800 shares of stock 3, and the rest is held as cash.
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Related Book For
Financial Markets and Institutions
ISBN: 978-0321280299
5th edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
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