Question: Close Window Moving to another question will save this one. Oumtion 2 of 12 Question 2 15 points Save Awer Thirty-eight months ago, you've invested
Close Window Moving to another question will save this one. Oumtion 2 of 12 Question 2 15 points Save Awer Thirty-eight months ago, you've invested your $5,350 to purchase the shares of a mutual fund when the NAV was $22.34. Since then, you have reinvested your fund dividends and acquired an additional 56.2 shares. The fund currently has an NAV of $31.77. The fund charges a contingent deferred sales charge of 7 percent for the first year after which time the charge declines by 1 percent a year. How much money will you receive if you redeem all of your shares today? PINCH FORMULASI The MacBook Pro
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
