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Determining the net asset value

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If the offering price of an open-end fund is $13.80 per share and the fund is sold with a front-end load of 8%, what is its net asset value? (Round your answer to 2 decimal places.)

Reference no: EM132121148

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Determining the net asset value : If the offering price of an open-end fund is $13.80 per share and the fund is sold with a front-end load of 8%, what is its net asset value?
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