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An open-end fund has a NAV of $16.50 per share. The fund charges a 6% load. What is the offering price? OA. $17.55 B. $14.57

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An open-end fund has a NAV of $16.50 per share. The fund charges a 6% load. What is the offering price? OA. $17.55 B. $14.57 C. $15.95 OD $16.49 You pay $21,600 to the Laramie Fund, which has a NAV of $18 per share at the beginning of the year. The fund deducted a front-end load of 4%. The securities in the fund increased in value by 10% during the year. The fund's expense ratio is 1,3% and is deducted from year-end asset values. What is your rate of return on the fund if you sell your shares at the end of the year? A 5.63% B. 6,45% C.4.23% D. 435%

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