Question 8 The HSB fund has an offer price of $80.13 and a front end load...

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Question

Question 8

The HSB fund has an offer price of $80.13 and a front end load of 3.79 percent. What is the net asset value? Answer should be

business finance

Answer 1

Answer #1

Ans 77.09

Net Assets Value = Offer Price - Front End load

= 80.13 - (80.13 * 3.79%)

= 77.09

Answer 2

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