Question
A mutual fund charges a 2% front-end load and a Management Expense Ratio (MER) of 3%. Nestor invests $25,000 in the fund, and the Net
A mutual fund charges a 2% front-end load and a Management Expense Ratio (MER) of 3%. Nestor invests $25,000 in the fund, and the Net Asset Value Per Share (NAVPS) is $13.50, how many shares can he buy?
Points: 1
- 1,852 shares
- 1,828 shares
- 1,759 shares
- 1,809 shares
- 1,815 shares
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Bitcoin Cash What You Need To Know About Bch
Authors: Alexander O. M.
1st Edition
1976721229, 978-1976721229
