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Required: An open-end fund has a net asset value of $11.20 per share. It is sold with a front-end load of 5%. What is the

Required: An open-end fund has a net asset value of $11.20 per share. It is sold with a front-end load of 5%. What is the offering price? (Round your answer to 2 decimal places.) Offering price
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Required: An open-end fund has a net asset value of $1120 per share. It is sold with a front-end load of 5%. What is the offering price? (Round your onswer to 2 decimal ploces.)

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