World income appreciation found has current assets

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Reference no: EM131022036

1. Net Asset value (LO2, CFA2) The World income Appreciation Found has current assets with a market value of $8.5 million shares outstanding. What is the net asset value (NAV) for this mutual fund?

2. Front - end Loads (LO2) suppose the mutual fund in the previous problem has a current market price quotation of $21.89. is this a load fund? if so, calculate the front - end load.

Reference no: EM131022036

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