Question
A- An open end fund has a net asset value of $12 if it is sold with a front load of 5% what is the
A- An open end fund has a net asset value of $12 if it is sold with a front load of 5% what is the offering price?
B- And if the offering price is $10 and front load with 5% what is the net asset value?
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Principles Of Managerial Finance Brief
Authors: Chad J. Zutter, Scott B. Smart
8th Global Edition
1292267143, 978-1292267142
