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Mathematics, 07.01.2020 20:31, PineaPPle663
Amutual fund’s net asset value increases by $5 per share. an investor who owns 450 shares of this fund sells them all for a profit of $2,205. what can you conclude about the fund?
a.
the fund is a no-load fund.
b.
the fund had a $0.10 per share commission when purchased.
c.
the fund had a $1.00 per share commission when purchased.
d.
the fund had a $0.10 per share commission when sold.
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Answers: 1
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Amutual fund’s net asset value increases by $5 per share. an investor who owns 450 shares of this fu...
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