The High Growth Technology Fund Has an NAV of $37

question 43

Multiple Choice

The High Growth Technology Fund has an NAV of $37.23 and a 2.4% front-end load. What is the offering price?

• A)$34.84
• B)$35.36
• C)$36.34
• D)$36.53
• E)$38.15

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Definitions:

Concentric Zone Model

A theory in urban sociology proposed by Ernest Burgess that describes urban land use in concentric circles, with the central business district in the center.

Residential Zone

An area designated by urban planning for housing and living purposes, often defined by specific regulations on types of dwellings and land use.

Postmodern City

A city characterized by diverse, complex social structures and environments, reflecting the fragmentation and pluralism of postmodern society.

Privatized

The process of transferring ownership of a business, enterprise, or public service from a government to private individuals or organizations.