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A money market fund has a NAV at closing today of $1.00. Expense ratio of 0.18%. If Jane purchases $1000 worth of this fund today,

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A money market fund has a NAV at closing today of $1.00. Expense ratio of 0.18%. If Jane purchases $1000 worth of this fund today, which of the following is(are) correct: Multiple Choice She will own 1000 shares and pay an upfront fee of $1.8 O She will own 998.20 shares after paying a fee of $1.8 Tony None of the above She will own 1000 shares and incur an annual cost of $1.8 for owning the fund

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