World income appreciation fund has current assets

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Reference no: EM131495433

The World Income Appreciation Fund has current assets with a market value of $8.5 billion, 410 million shares outstanding, and a current market price quotation of $21.89. Is this a load fund? If so, calculate the front-end load. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

Front-end load = %

Reference no: EM131495433

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