Question
The Emerging Growth and Equity Fund is a low-load fund. The current offer price quotation for this mutual fund is $21.97, and the front-end load
The Emerging Growth and Equity Fund is a low-load fund. The current offer price quotation for this mutual fund is $21.97, and the front-end load is 1.6 percent.
a. What is the NAV? (Round your answer to 2 decimal places.)
Net Asset Value:
b. If there are 21.1 million shares outstanding, what is the current market value of assets owned by the fund? (Do not round intermediate calculations. Round your answer to the nearest whole number.)
Market value of assets:
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External Quality Audit Has It Improved Quality Assurance In Universities
Authors: Mahsood Shah, Chenicheri Sid Nair
1st Edition
1843346761, 978-1843346760
