If Hope (from problem 1) had invested the same amount of money in a no load fund

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If Hope (from problem 1) had invested the same amount of money in a no load fund with the same price per share, how many shares could she have purchased?

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Personal Finance

ISBN: 978-0132994347

5th edition

Authors: Jeff Madura

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Question Posted: Oct 13, 2015 05:53 AM

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Hope invested $ 9,000 in a mutual fund when the price per share was $ 30. The fund has a load fee of $ 300. How many shares did she purchase?
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If Hope (from problem 1) had invested the same amount of money in a no load fund

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Hope could have purchased 300 shares in a ...View the full answer

Personal Finance

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