Business, 07.03.2020 03:39, tjaigirl

XYZ Mutual Fund, an open-end investment company, has an NAV of $20 and a public offering price of $21.40. The prospectus states that the sales charge for purchases of fund shares of $25,000 through $49,999 is 4%. Approximately how many shares can the customer buy for $35,000?

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XYZ Mutual Fund, an open-end investment company, has an NAV of $20 and a public offering price of $2...