The offer price of open ended fund

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1. The offer price of an open ended fund is $18 and the fund is sold with a front end load of 5%. what is the funds nav?

18.74

17.10

15.40

16.57

2. A bond issued by the state of Alabama is priced to yield 6.25% if you are in the 28% tax bracket, this bond would provide you with an equivalent taxable yield of....

4.5

7.25

8.68

none

Reference no: EM131942963

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