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You have placed an order with your broker on Wednesday at 7:30 am to purchase shares in a mutual fund. You will have to pay

You have placed an order with your broker on Wednesday at 7:30 am to purchase shares in a mutual fund. You will have to pay the NAV calculated ...

as the average price between Tuesday and Wednesday.

Wednesday at the market's open.

Wednesday at 4pm when the market closes.

Tuesday when the market closes at 4pm.

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