The Offer Price of an Open-End Fund Is $18

question 48

Multiple Choice

The offer price of an open-end fund is $18.00 and the fund is sold with a front-end load of 5%? What is the fund's NAV?

• A) $18.74
• B) $17.10
• C) $15.40
• D) $16.57

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Egypt

A country in North Africa, known for its ancient civilization and notable landmarks like the Pyramids and the Great Sphinx of Giza.

India

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Slave Economies

were economic systems that relied heavily on slave labor, particularly prevalent in the Americas before the abolition of slavery.

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