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Calculating NAV ( LO2 , CFA2) The Emerging Growth and Equity Fund is a low-load fund. The current offer price quotation for this mutual fund

Calculating NAV (LO2, CFA2) The Emerging Growth and Equity Fund is a"low-load" fund. The current offer price quotation for this mutual fund is $15,95 and the front- end load is 2.0 percent. what is the NAV? if there are 19.2 million shares outstanding. what is the current market value of assets owend by the fund ?

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