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An open-end fund charges an 8% front-end load. An investor's beginning NAV of the fund is $18.4 per share. What is the offering price? a.

image text in transcribed An open-end fund charges an 8% front-end load. An investor's beginning NAV of the fund is \$18.4 per share. What is the offering price? a. $18.4 b. $20 c. 20.8 d. 19.2

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