(15) Assume that Turki mutual fund owns the following assets at the end of October 2021 Assets Closed Price (KD) Number of stocks Stock A Stock B Stock C Cash Management fees Custody Fees Issued Units (Shares) 0.65 600,000 0.355 875,000 0.275 725,000 150,000 3.750 1,455 1.500.000 (a) Given that the fund, calculate the fund's NAV? (b) If the fund's load is 10%, what would its offering price? Solution