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An open-end mutual fund has the following stocks: Stock A MUA Shares 14,000 31,000 4,500 84,000 Stock Price $ 82 26 61 14 The fund
An open-end mutual fund has the following stocks: Stock A MUA Shares 14,000 31,000 4,500 84,000 Stock Price $ 82 26 61 14 The fund has 56,000 shares and liabilities of $142,000. Assume the fund is sold with a front-end load of 3.25 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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