Monday, February 6, 2023
An investor submits a purchase request to a mutual fund when its NAV is $11.50, the sales charge is 5%, and the POP is $12.11. What is the investor's purchase price per share?
Q90583
Monday, February 6, 2023
An investor submits a purchase request to a mutual fund when its NAV is $11.50, the sales charge is 5%, and the POP is $12.11. What is the investor's purchase price per share?