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You Invest $6,000 in a No-Load Mutual Fund Whose Net

Question 68

Multiple Choice

You invest $6,000 in a no-load mutual fund whose net asset value per share is $36.How many shares of the mutual fund will you receive if the coupon is 8 percent?


A) 4.92
B) 166.66
C) 750
D) 288
E) 20.83

Correct Answer:

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