Question
Intro A mutual fund has the following holdings: Company AAPL FB GOOG Shares owned 53,000 130,000 165,000 Stock price 193 209 1,027 The fund has
Intro
A mutual fund has the following holdings:
| Company | AAPL | FB | GOOG |
| Shares owned | 53,000 | 130,000 | 165,000 |
| Stock price | 193 | 209 | 1,027 |
The fund has issued 751,000 shares to investors.
Part 2
If the fund sells for $283.7, what is the front-end load as a fraction of the offering price? 4+decimals
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Financial Management For Public Health And Not-for-Profit Organizations
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
7th Edition
1071835335, 978-1071835333
