The Emerging Growth and Equity Fund is a low-load fund. The current offer price quotation for this

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The Emerging Growth and Equity Fund is a “low-load” fund. The current offer price quotation for this mutual fund is $15.95, and the front-end load is 2.0 percent. What is the NAV? If there are 19.2 million shares outstanding, what is the current market value of assets owned by the fund?

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Fundamentals of Investments, Valuation and Management

ISBN: 978-1259720697

8th edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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