Question: Saved Word Problem 21-28 (Algo) [LU 21-3 (1)] Lee Ray bought 100 shares of a mutual fund with a NAV of $10.10. This fund also

Saved Word Problem 21-28 (Algo) [LU 21-3 (1)] Lee Ray bought 100 shares of a mutual fund with a NAV of $10.10. This fund also has a load charge of 7%. a. What is the offer price? (Round your intermediate and final answer to the nearest cent.) Offer price b. What did Lee pay for his investment? (Round your intermediate and final answer to the nearest cent.) Investment to be paid

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