What Is the Offering Price for a Mutual Fund with a NAV

question 8

Multiple Choice

What is the offering price for a mutual fund with a NAV of $22.50 and a load of 5 percent?

• A) $21.38
• B) $21.79
• C) $22.50
• D) $23.63
• E) $27.50

---

Definitions:

Appetite

The natural desire to satisfy a bodily need, especially for food.

Hormone

A chemical substance produced in the body that controls and regulates the activity of certain cells or organs.

Psychological Theories

Frameworks or models that are used to understand, predict, and sometimes control behavior and mental processes.

Homosexuality

The romantic or sexual attraction or behavior between members of the same sex or gender.