Question
Peter has $30,000 in savings that he wishes to invest in the SHW Growth Fund. The fund has a 0% front-end load and a 4%
Peter has $30,000 in savings that he wishes to invest in the SHW Growth Fund. The fund has a 0% front-end load and a 4% back-end load. With the entire $30,000, he is able to buy 1,000 shares of the fund. What is the current NAV of the fund?
| $25.00 | ||
| $28.80 | ||
| $30.00 | ||
| $31.20 | ||
| None of the above |
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Real Life Money An Honest Guide To Taking Control Of Your Finances
Authors: Clare Seal
1st Edition
1472272293, 978-1472272294
