The European Growth Fund Has $820 Million in Assets and $76,000

question 3

Multiple Choice

The European Growth Fund has $820 million in assets and $76,000 in liabilities. There are 30.5 million shares outstanding. The fund charges a 4.4% front-end load. What is the offering price?

• A)$26.08
• B)$26.47
• C)$27.54
• D)$28.12
• E)$29.74

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Definitions:

Rule-Breaking

Actions that violate formal or informal societal, institutional, or personal rules.

Aggressiveness

A behavior characterized by boldness or assertiveness, with a readiness to confront or engage in conflict.

Irresponsibility

The lack of accountability or failure to act responsibly, often leading to negative consequences for oneself or others.

Obsession

A persistent, intrusive thought, idea, or image that causes significant anxiety or distress.