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    Fundamentals of Investments
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    Exam 5: Mutual Funds
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    ABC Fund Has an Offer Price of $21
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ABC Fund Has an Offer Price of $21

Question 105

Question 105

Multiple Choice

ABC Fund has an offer price of $21.60 and a front-end load of 2%. What is its net asset value per share?


A) $21.17
B) $21.42
C) $21.87
D) $22.26
E) $19.53

Correct Answer:

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