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6. The Swadhinota open end mutual fund is being sold for Tk.54 per share. The fund includes Tk.750 million in securities, Tk.120 million in liabilities

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6. The Swadhinota open end mutual fund is being sold for Tk.54 per share. The fund includes Tk.750 million in securities, Tk.120 million in liabilities and 13 million shares outstanding. a. Is the fund charging any load? If so, how much is the amount of the load. (3 points) b. By what percentage of the NAV should the price of the fund rise or fall for the fund to break even with the purchase value? (3 points)

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