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Consider the three mutual funds below with different front - end loads. You wish to purchase $ 4 , 0 0 0 of one fund.
Consider the three mutual funds below with different frontend loads. You wish to purchase $ of one fund.
Load NAV
HighLoad Fund $
LowLoad Fund $
NoLoad Fund $
A What are the offer prices on each fund?
The offer price of the high load fund is $
The offer price of the low load fund is $
The offer price of the no load fund is $
Round your answers to decimal places.
B How many shares of each fund could you purchase?
You could purchase
shares of the high load fund. You could purchase
shares of the low load fund. You could purchase
shares of the no load fund. Round your answers to decimal places.
C What would the load fee of each fund be
The load fee on the high load fund would be $
The load fee on the low load fund would be $
The load fee on the no load fund would be $
Round your answers to decimal places. Enter a if there is no load fee.
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