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1 Required: If the offering price of an open-end fund is $12.80 per share and the fund is sold with a front-end load of 8%,

1 Required: If the offering price of an open-end fund is $12.80 per share and the fund is sold with a front-end load of 8%, what is its net asset value? (Round your answer to 2 decimal places.) Not asset value

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