Exhibit 17-1
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)

question 19

Multiple Choice

Exhibit 17-1
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)
Suppose ABC Mutual fund owned only 4 stocks as follows: $$\begin{array} { c c c } \text { Stack } & \text { Shares } & \text { Price } \\\hline W & 2500 & \$ 11 \\\mathbf { X } & 2100 & 14 \\\mathbf { Y } & 2700 & 23 \\Z & 1900 & 15\end{array}$$
-Refer to Exhibit 17-1. What is the offering price for the fund if the NAV is $25.25 and a the load is 6%?

• A) $26.19
• B) $23.74
• C) $25.25
• D) $26.77
• E) $24.13

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Definitions:

Current Ratio

It's a measure of a corporation's capability to meet its immediate financial obligations using its current assets.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity of the company.

Financial Ratios

Quantitative measures derived from a company's financial statements used to evaluate its financial performance and health.

Financial Stability

The condition of having a strong financial foundation, characterized by the ability to withstand economic fluctuations and meet obligations without undue stress.