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A mutual fund has a Net Asset Value per share of $46.00 and the following breakpoint schedule. $0- $50,000 5% $50,001- $100,000 4% $100,001- $250,000
A mutual fund has a Net Asset Value per share of $46.00 and the following breakpoint schedule. $0- $50,000 5% $50,001- $100,000 4% $100,001- $250,000 3% $250,001-$1,000,000 2% A customer has $300,000 to invest in the fund. The customer will pay what price per share? A customer has $300,000 to invest in the fund. The customer will pay what price per share? A $46.00 BO $46.92 Co $46.94 DO $47.00
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