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Question 40 (1 point) A mutual fund has a front-end load of 6%. There is $10.500,000 in assets and $500,000 in outstanding liabilities and one

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Question 40 (1 point) A mutual fund has a front-end load of 6%. There is $10.500,000 in assets and $500,000 in outstanding liabilities and one million shares outstanding. Which of the following statements would be true? a) NAVPS cannot be calculated b) NAVPS would be $10 Oc) NAVPS would be greater than $10 d) NAVPS would be less than $10

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