Question: solve both for like 1. An open-end fund has a net asset value of $10.70 per share. It is sold with a front-end load of

solve both for like solve both for like 1. An open-end fund has a net asset

1. An open-end fund has a net asset value of $10.70 per share. It is sold with a front-end load of 6%. What is the offering price? 2. If the offering price of an open-end mutual fund is $12.30 per share and the fund is sold with a front-end load of 5%, what is its net asset value

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