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An open-end mutual fund has the following assets. Please calculate Net Asset Value per share and...

An open-end mutual fund has the following assets. Please calculate Net Asset Value per share and total cost of buying one share of the mutual fund.

Stock Shares Price
A 2,000,000 $45.00
B 2,000,000 $78.00
C 2,000,000 $13.00
D 2,000,000 $26.00
Item Value
front-end load $10 per share
back-end load $5 per share
current mutual fund shares 2,000,000
management fees 0.15% per month

What is the NAV?

What is Total Purchasing Cost Per Fund share?

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jeff jeffy answered 2 years ago
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