Multiple Choice
The KLM Mutual Fund has a net asset value of $12.34 and an offer price of $13.34.Use this information to answer the following questions.
A)
How many shares will you receive when you invest $1,000?
B)
What is the immediate asset value of these shares?
C)
What is the load charge for this transaction?
Correct Answer:
Verified
Correct Answer:
Verified
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