Question: please answer all! i will upvote! Mutual fund 1. NAV. A fund has $200 million in assets and $1 million in liabilities with 5 million
Mutual fund 1. NAV. A fund has $200 million in assets and $1 million in liabilities with 5 million units. What is the NAV of each unit? (1 mark) 2. Load. \$10 NAV and 1% load. The load is front-end load. What is the offering price? (1 mark) 3. Load. \$10 NAV and 1% load. The load is back-end load. What is the proceeds? (1 mark)
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