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You are looking to invest in a mutual fund and want to know the net asset value for today. This is what you learn: The

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You are looking to invest in a mutual fund and want to know the net asset value for today. This is what you learn: The fund has 20 million shares and the total market value of its assets today is $300 million. The expense ratio for the fund is 0.004% daily. 1. What is the net asset value of orle share of this mutual fund? Use a calculator to find the answer. Total Market Value - (Expense Ratio x Total Market Value) = Net Market Value + Number of Shares = Net Asset Value $ - $ 2. How much would it cost you to buy 100 shares if this was a no-load fund? $ 3. If you had $5,000 to invest, and this fund had a 4.75% sales load, how much would your net investment be? Use a calculator to find the

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