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a mutual fund has assests of $ 1 5 , 0 0 0 , 0 0 0 . Liabilities of 1 3 , 2 0

a mutual fund has assests of $15,000,000. Liabilities of 13,200,000 and 500,000 shares. The load fee is $.25 per share, how much is the loan fee as a percentage of NAV per share?

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