menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Fundamentals of Investments
  4. Exam
    Exam 5: Mutual Funds
  5. Question
    A Mutual Fund Has a NAV of $34
Solved

A Mutual Fund Has a NAV of $34

Question 3

Question 3

Multiple Choice

A mutual fund has a NAV of $34.28 and an offering price of $36.08. What is the front-end load of the fund?


A) 4.0%
B) 4.5%
C) 5.0%
D) 5.5%
E) 6.0%

Correct Answer:

verifed

Verified

Related Questions

Q1: Which of the following bond funds will

Q2: Money market deposit accounts:<br>A) are protected by

Q4: Which of the following facts concerning open-end

Q5: Which of the following is an advantage

Q6: Which of the following is false regarding

Q7: A mutual fund has average daily assets

Q8: All of the following expenses are reported

Q9: The _ is the difference between the

Q10: A tax-managed stock fund:<br>A) Produces income that

Q11: Which of the following is true regarding

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines