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 O $30.00 $31.20 O None of the above
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
7th Edition
1473778913, 978-1473778917
