Question: Do as the question asks. Show the work and explain. An open-end mutual fund has the following stocks Stock Shares A 7,000 B 33,000 4,600

Do as the question asks. Show the work and explain.

An open-end mutual fund has the following stocks Stock Shares A 7,000 B 33,000 4,600 D 79,000 Stock Price $ 96 12 85 10 The fund has 52,000 shares and liabilities of $125,000. Assume the fund is sold with a front-end load of 3 percent. What is the offering price of the fund? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Offering price s 40.82

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