Bill bought 130 shares of a mutual fund with a NAV of $13.10 and a load charge

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Bill bought 130 shares of a mutual fund with a NAV of $13.10 and a load charge of 8.5%:

1. What is the offer price?

2. What did Bill pay for his investment?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Jun 02, 2023 05:40 AM

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Bill bought 130 shares of a mutual fund with a NAV of $13.10 and a load charge

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Income Tax Fundamentals 2013

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