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An open-end mutual fund has the following stocks: Stock Shares Stock Price A 6,000 $98 B 33,000 19 C 4,600 89 D 82,500 12 Assume

An open-end mutual fund has the following stocks:

Stock Shares Stock Price
A 6,000 $98
B 33,000 19
C 4,600 89
D 82,500 12

Assume there are 50,000 shares of the mutual fund, and liabilities of $110,000. Assume the fund is sold with a 6.25 percent front-end load. What is the offering price of the fund?

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