In problem 2, if New Pioneer converted to an open-end fund trading at its net asset value

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In problem 2, if New Pioneer converted to an open-end fund trading at its net asset value with a 6 percent load (commission), what would its purchase price be?

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Fundamentals of Investment Management

ISBN: 978-0078034626

10th edition

Authors: Geoffrey Hirt, Stanley Block

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Question Posted: Sep 21, 2015 05:20 AM

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In problem 2, if New Pioneer converted to an open-end fund trading at its net asset value

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Fundamentals of Investment Management

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