Question: The Emerging Growth and Equity Fund is a low-load fund. The current offer price quotation for this mutual fund is $27.52, and the front-end load

The Emerging Growth and Equity Fund is a "low-load" fund. The current offer price quotation for this mutual fund is $27.52, and the front-end load is 1.5 percent. What is the NAV? If there are 15.6 million shares outstanding, what is the current market value of assets owned by the fund?

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