Question: Listen DEC Mutual fund charges a 4% front-end load. Currently, the fund's shares have an offering price of $78.50 . What is the net asset
Listen\ DEC Mutual fund charges a
4%front-end load. Currently, the fund's shares have an offering price of
$78.50. What is the net asset value per share (NAVPS) at the time of purchase?\ a)
$75.36\ b)
$78.50\ c)
$81.77\ d)
$81.64 
DEC Mutual fund charges a 4% front-end load. Currently, the fund's shares have an offering price of $78.50. What is the net asset value per share (NAVPS) at the time of purchase? a) $75.36 b) $78.50 c) $81.77 d) $81.64
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