What Would the NAV of an Open-Ended Mutual Fund Priced

question 105

Multiple Choice

What would the NAV of an open-ended mutual fund priced at $10 be if the load is 4%?

• A)$10.40
• B)$10.00
• C)$9.60
• D)$9.40
• E)$9.20

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Definitions:

Field Diameter

The visible area observed through the lens of a microscope or other viewing instrument.

Objective

Unbiased, not influenced by personal feelings or opinions in considering and representing facts.

Depth of Field

Depth of field is a photography term describing the distance between the closest and farthest objects in a photo that appear acceptably sharp.

Specimen

An individual animal, plant, piece of a mineral, etc., used as an example of its species or type for scientific study or display.