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Suppose a mutual fund has $4.5 billion in assets and $0.5 billion in liabilities based on current market values and a total of 100 million

Suppose a mutual fund has $4.5 billion in assets and $0.5 billion in liabilities based on current market values and a total of 100 million shares outstanding. What is the net asset value (NAV) for this mutual fund? Suppose this mutual fund has a current market price quotation of $42. Is this a load fund? If so, calculate the front-end load.

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