When hunter purchased the shares the nav per share was 70 a


Estimating Returns.

Hunter invested $7,000 in shares of a load mutual fund. The load of the fund is 7%. When Hunter purchased the shares, the NAV per share was $70. A year later, Hunter sold the shares at a NAV of $68 per share. What is Hunter's return from selling his shares in the mutual fund?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: When hunter purchased the shares the nav per share was 70 a
Reference No:- TGS01704036

Expected delivery within 24 Hours