Income appreciation fund current assets with market value

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Reference no: EM13829778

QUESTION 1

The World Income Appreciation Fund has current assets with a market value of $4.6 billion and has 160 million shares outstanding. What is the net asset value (NAV) for this mutual fund?

QUESTION 2

The Madura HiGro Fund has a net asset value of $47 per share. It charges a 3.9 percent load. How much will you pay for 200 shares?

QUESTION 3

The World Income Appreciation Fund has current assets with a market value of $4.5 billion and has 130 million shares outstanding. The fund has a current market price quotation of $36.15. What is the front-end load in percentages?

Reference no: EM13829778

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