Question: 1 . The IS Fund is a low - load fund. The current offer price quotation for this mutual fund is $ 2 9 .

1. The IS Fund is a "low-load" fund. The current offer price quotation for this mutual
fund is $29.24, and the front-end load is 1.8 percent.
If there are 23.8 million shares outstanding, what is the current market value of
assets owned by the fund? Enter your answers in dollars not in millions, e.g.,
1,234,567.(fyi = I tried 683,385,584 and 683,607,073 and both are wrong)
2. On May 31,2022, the DJAA opened at 33,504.59. The divisor at that time was
0.15566. Suppose on this day the prices for 29 of the stocks remained unchanged
and 1 stock increased $5. What would the DJA level be at the end of the day? (fyi = I tried answers 33,472.47 and 33,305.3683 and both are wrong)
3. You are given the following total market values for an index over a five-year period.
Assuming the index starts at 1,000, calculate the index value each year.
Market Values
Year 1=1998 million
Year 2=2.182 million
Year 3=2543 million
year 4=2378 million
year 5=2927 million
Find index value in Year 5(fyi - I already tried 1464.96 and its wrong)
 1. The IS Fund is a "low-load" fund. The current offer

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