Question: 21. A fund is set up to charge a load. Its net asset value is $11.96 and its offer price is $11.02. What percentage of
21. A fund is set up to charge a load. Its net asset value is $11.96 and its offer price is $11.02. What percentage of the offer price does the load represent? (Keep 4 decimal places)
22. You buy 100 shares of stock at $50 per share on margin of 40 percent. If the price of the stock declines to $35.8, what is your percentage loss? (Keep 2 decimal places)
24. What would be the rate of return for a stock that increased in value from $60 per share to $79 per share and paid a $10 dividend? (Keep 4 decimal places)
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