What Is the Offering Price for a Mutual Fund with a NAV

question 31

Multiple Choice

What is the offering price for a mutual fund with a NAV of $22.50 and a load of 5%?

• A) $21.38
• B) $21.79
• C) $22.50
• D) $23.63
• E) $27.50

Understand the principles and effectiveness of different team decision-making techniques including the nominal group technique, brainstorming, and critical evaluation roles.

Recognize the characteristics and benefits of virtual teams and how they differ from traditional teams.

Distinguish between different types of teams within organizations and their unique functions.

Illustrate how teams contribute to organizational goals and productivity.

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Definitions:

McClelland

Refers to David McClelland, a psychologist known for his work on motivation theory, which includes the needs for achievement, power, and affiliation.

Need Profiles

Individualized descriptions of the specific needs, desires, and motivations that drive a person's behavior.

Acquired Needs Theory

A theory that suggests individuals develop specific needs over their lifetime through experiences, which include the need for achievement, power, and affiliation.

Need For Achievement

A personal drive to excel or succeed in tasks, often indicative of motivation levels and goal-oriented behavior.