Question 6 0/1 point The NAV of an open-ended fund is $10.06. The open-ended fund is currently priced at $10.94. Calculate the front-end load on the fund. Write your answer as a percentage without the percentage sign. (Note: The price of the open-ended fund is the amount that you would pay to purchase a share in the fund. The NAV is the amount you actually invested. The difference between both is the front-end load in dollar terms.) Answer: 8.75 x (8.04) Question 7 0/1 point The price at which an open-ended fund is offered is $11.86. The fund's front-end load is 4.8%. Calculate the NAV of the plan. Answer: 11.32 x (11.29) Question 8 0/1 point An investor purchased shares in fund SEC 30 years ago. The investor initially invested $10,000 in the fund. The fund had the following characteristics: an MER of 0.8% and a front load of 1.0%. Calculate the value of the investment at the end of the investment period if the average rate of return (before fees) was 11.3% per year. Answer: 199,925.57 (197,926.31)