If an open-end fund as a total asset value of 11 per share

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Question 1: If the offering price of an open-end fund is $14 per share and the fund is sold with a front-end load of 6%, what is its net asset value?

Question 2: If an open-end fund as a net asset value of $11 per share and the fund is sold with a front-end load of 6%. What is the offering price?

Reference no: EM13477759

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