An open-end mutual fund has the following stocks: Stock Shares Stock Price A 11,000 $ 88...
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An open-end mutual fund has the following stocks: Stock Shares Stock Price A 11,000 $ 88 B 32,000 17 C D 3,500 73,000 71 12 The fund has 46,000 shares and liabilities of $163,000. Assume the fund is sold with a front-end load of 4 percent. What is the offering price of the fund? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Answer is complete but not entirely correct. S Offering price 2,526,680.25 An open-end mutual fund has the following stocks: Stock Shares Stock Price A 11,000 $ 88 B 32,000 17 C D 3,500 73,000 71 12 The fund has 46,000 shares and liabilities of $163,000. Assume the fund is sold with a front-end load of 4 percent. What is the offering price of the fund? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Answer is complete but not entirely correct. S Offering price 2,526,680.25
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