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Answer number 2 1. Net Asset value (LO2, CFA2) The World income Appreciation Found has current assets with a market value of $8.5 million shares

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1. Net Asset value (LO2, CFA2) The World income Appreciation Found has current assets with a market value of $8.5 million shares outstanding. What is the net asset value (NAV) for this mutual fund?

2. Front - end Loads (LO2) suppose the mutual fund in the previous prolem has a current market price quotation of $21.89. is this a load fund? if so, calculate the front - end load

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