The High Growth Technology Fund Has an NAV of $54

question 47

Multiple Choice

The High Growth Technology Fund has an NAV of $54.08 and a 5.5 percent front-end load. What is the offering price?

• A) $50.84
• B) $51.36
• C) $57.23
• D) $57.53
• E) $57.81

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Definitions:

Government Intervention

A scenario where the government steps into influence, regulate, or directly control economic, social, or other aspects of daily life, often to correct market failures or promote social welfare.

Organizational Performance

Refers to how well an organization achieves its market objectives and goals.

Patience

The capacity to accept or tolerate delay, problems, or suffering without becoming annoyed or anxious.

Planning

The process of making detailed strategies and arrangements for achieving specific goals or completing tasks.