What is its net asset value and offering price

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Reference no: EM131917981

a) The offering price of an open-end fund is $10.30 per share and the fund is sold with a front-end load of 4%. What is its net asset value?

b) An open-end fund has a net asset value of $10.30 per share. It is sold with a front-end load of 3%. What is the offering price?

Reference no: EM131917981

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