The European Growth Fund Has $920 Million in Assets and $68,000

question 3

Multiple Choice

The European Growth Fund has $920 million in assets and $68,000 in liabilities. There are 29.6 million shares outstanding. The fund charges a 4.5 percent front-end load. What is the offering price?

• A) $31.08
• B) $32.47
• C) $32.54
• D) $32.70
• E) $32.74

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Definitions:

Secondary Aging

The aging process attributed to external factors and lifestyle choices, such as diet, exercise, and environmental exposures, distinct from biological aging.

Gerontology

The scientific study of aging and the problems that elderly individuals may face.

Primary and Secondary Aging

Distinction between the inevitable biological aging process (primary) and aging effects due to environmental and lifestyle factors (secondary).

Major Body Systems

The collective group of essential organ systems in the human body, including the circulatory, respiratory, digestive, nervous, and others, which work together to sustain life.