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QUESTION 7 Use the following to answer the next two questions. You invested $100,000 in a mutual fund last year. At the time you opened

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QUESTION 7 Use the following to answer the next two questions. You invested $100,000 in a mutual fund last year. At the time you opened your account, the fund had a NAV of $40. The fund charges a 5% front-end load and a 3% back-end load: During the course of your investment, you received $4 per share in dividends, which you reinvested in the fund at a price of $50/share. The fund's NAV was $48 at the time you closed your account. Find the total number of shares you owned after you reinvested your dividends. Round intermediate steps to four decimals and your final answer to the nearest whole share. Do not type in words when entering your response. QUESTION 8 Find your HPR. Round intermediate steps to four decimals. O.1943 2571 1058 1655 O None of the above ETFs typically do not trade at a premium or discount to NAV. O True False

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