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If the offering price of an open-end fund is $13.90 per share and the fund is sold with a front-end load of 6%, what is

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If the offering price of an open-end fund is $13.90 per share and the fund is sold with a front-end load of 6%, what is its net asset value? (Round your answer to 2 decimal places.) Net asset value References eBook & Resources Worksheet Learning Objective: 04-03 Define net asset value and measure the rate of return on a mutual fund cGraw-Hill Ed ation. All rights reserved

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