If a Mutual Fund Has an NAV of $12

question 117

Short Answer

If a mutual fund has an NAV of $12.75 and an offer price of $13.10, what would be the cost of 300 shares?

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Definitions:

Contributions

Gifts or payments made to support an organization, cause, or initiative, typically in the form of money, services, or goods.

Theory X

Theory X is a management concept that assumes employees are inherently lazy and will avoid work if they can, suggesting the need for strict supervision and control.

Workers

Individuals engaged in an occupation, profession, or are employed by an organization.

Organization's Needs

The specific requirements or necessities that an organization needs to fulfill its mission and achieve its goals.