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INSTRUCTIONS: Choose the answer which will correctly complete the statement. Type A for the first item, B for the second item, and C if neither

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INSTRUCTIONS: Choose the answer which will correctly complete the statement. Type A for the first item, B for the second item, and C if neither item will correctly complete the statement A quotation for a mutual fund shows a NAV of $9.60 and an offer price of $10.00. With an investment of $1,000, you could buy how many shares? Type the capital letter that corresponds with your answer. A 104.17 shares B 100 shares C neither 1 Question 3 (1 point) Listen Creviston Mutual Fund, a load fund, holds securities valued at $90,000,000 on August 30. The fund had liabilities of $2,000,000 and 4,800,000 shares outstanding. Calculate the net asset value per share on this day. (Show all work.)

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