What is the current market value of assets owned by the fund

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Reference no: EM131569478

The Emerging Growth and Equity Fund is a “low-load” fund. The current offer price quotation for this mutual fund is $16.03, and the front-end load is 1.85 percent.

1. What is the NAV?

2. If there are 25.2 million shares outstanding, what is the current market value of assets owned by the fund?

Reference no: EM131569478

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