Question
Eugene has $36,000 that he would like to invest in a mutual fund with an NAV of $27.37 per share.The prospectus of Mutual Fund ABC
Eugene has $36,000 that he would like to invest in a mutual fund with an NAV of $27.37 per share.The prospectus of Mutual Fund ABC indicates a front-load fee of 4.2%.How many shares of Mutual Fund ABC can Eugene buy?
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Entrepreneurial Finance
Authors: Philip J. Adelman; Alan M. Marks
6th edition
9780133099096, 133140512, 133099091, 978-0133140514
