What is the nav, An open-end fund has a net asset value of $10.70 per share. It is sold, Accounting Basics

What is the nav

Problem:

An open-end fund has a net asset value of $10.70 per share. It is sold with a front-end load of 6%. What is the offering price?

If the offering price of an open-end fund is $12.30 per share and the fund is sold with a front-end load of 5%, what is the NAV?

Note: Please explain comprehensively and give step by step solution.

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Accounting Basics: What is the nav

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An open-end fund has a net asset value of $10.70 per share. It is sold with a front-end load of 6%. What is the offering price? If the offering price of an open-end fund is $12.30 per share and the fund is sold with a front-end load of 5%, what is th

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Request for Solution File

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Accounting Basics: What is the nav

Reference No:- TGS0884432

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Price of the stock go before you get a a margin call

Q : Maximum possible loss

Q : Current bid for a stock

Q : New margin percentage

Q : What is the nav

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Q : After-tax cash flow from the sale of asset

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the nav

Reference No:- TGS0884432

Recent Questions Asked Accounting Basics

Q : Price of the stock go before you get a a margin call

Q : Maximum possible loss

Q : Current bid for a stock

Q : New margin percentage

Q : What is the nav

Q : Difference between a dominant gene and a recessive gene

Q : After-tax cash flow from the sale of asset

Q : Annual cost of sales

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