ESSENTIALS OF INVESTMENTS>LL<+CONNECT
ESSENTIALS OF INVESTMENTS>LL<+CONNECT
11th Edition
ISBN: 9781264001026
Author: Bodie
Publisher: MCG
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Chapter 4, Problem 11PS

An open-end fund has a net asset value of $10.70 per share. It is sold with a front-end
load of 6%. What is the offering price? (LO 4-3)

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