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1 . Net Asset Value ( LO 2 , CFA 3 ) The World Income Appreciation Fund has current assets with a market value of
Net Asset Value LO CFA The World Income Appreciation Fund has current assets with a market value of $ billion and has million shares outstanding. What is the net asset value NAV for this mutual fund? FrontEnd Loads LO Suppose the mutual fund in Problem has a current market price quotation of $ Is this a load fund? If so calculate the frontend load.
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