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An open-end mutual fund has the following stocks: Stock A B Shares 12,500 32,000 3,500 79,000 Stock Price $ 85 14 67 11 D The
An open-end mutual fund has the following stocks: Stock A B Shares 12,500 32,000 3,500 79,000 Stock Price $ 85 14 67 11 D The fund has 51,000 shares and liabilities of $128,000. Assume the fund is sold with a front-end load of 3.5 percent. What is the offering price of the fund? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Offering price
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