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What is this mutual funds NAV? ABC mutual fund has the following characteristics: Value of Fund: $ 1 4 2 , 0 0 0 ,

What is this mutual funds NAV?
ABC mutual fund has the following characteristics:
Value of Fund: $142,000,000
Liabilities $2,000,000
Shares 3,500,000
40
Flag question: Question 2
Question 20 pts
ABC mutual fund (from question #1) is an "A" share fund and charges a 3.5% sales load. When is the sales load charged?
Group of answer choices
At purchase
At redemption
Each year, once per year
At redemption and annually
Flag question: Question 3
Question 30 pts
I decide to purchase 250 shares of ABC mutual fund. Using the NAV from question #1, and sales load from question #2, what is the sales load (in dollars) I will be charged? [no need to enter "$" symbol in answer.]
350
Flag question: Question 4
Question 40 pts
What is my total return in dollars from my ownership of mutual fund ABC. (Use information from all previous questions) Use the following characteristics:
Income dividends received: $325
Capital gains distributions: $60
NAV at time of sale was $43
1.135
Flag question: Question 5
Question 50 pts
What is my percentage return, of my purchase and sale of mutual fund ABC? Don't forget to include the impact of the sales load. [No need to enter percentage sign. 20.5%=20.5]

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