Listen\ DEC Mutual fund charges a

4%

front-end load. Currently, the fund's shares have an offering price of

$78.50

. What is the net asset value per share (NAVPS) at the time of purchase?\ a)

$75.36

\ b)

$78.50

\ c)

$81.77

\ d)

$81.64

DEC Mutual fund charges a 4% front-end load. Currently, the fund's shares have an offering price of $78.50. What is the net asset value per share (NAVPS) at the time of purchase? a) $75.36 b) $78.50 c) $81.77 d) $81.64