delvin3483 delvin3483

03-06-2022
Business

contestada

A mutual fund is quoted at $16.56 NAV and $18.00 POP. The sales charge is A) 8.50% B) 7.75% C) 7.50% D) 8%

Respuesta :

Parrain Parrain

09-06-2022

Based on the Mutual fund's NAV and the POP, the sales charge can be found to be D. 8%.

How is a Mutual fund's sales charge calculated?

You can find the sales charge through the formula:

= (POP - NAV) / POP x 100%

Solving gives:

= (18 - 16.56) / 18 x 100%

= 1.44 / 18 x 100%

= 8%

Find out more on Mutual fund charges at https://brainly.com/question/22525531.

#SPJ1

Answer Link

Otras preguntas

Draw 2 diagrams for single, double and triple covalent bonds formed in differant molecules.

Prove thatTan a + sec a -1 1+sin a_____________ = _______tan a -sec a +1 COS a

The scale ratio on Emily’s map of jogging is 1:50 000. She chooses a route approximately 12cm long on the map. How far is she planning to jog?

is a personal residence a capital asset

Which expression does not factor? M^3+1 M^3-1 M^2+1 M^2-1

Draw 2 diagrams for single, double and triple covalent bonds formed in differant molecules.

Name any two types of mixture which can be separated by centrifuging method. for class six

Evaluate 6 + 4/a + b/3 when a=4 and b=3.

The thick outer line on a pattern piece is the A cutting line. B alteration line. C sewing line. D basting line.

Ashton, Bryan and Charles were given the same number of funfair tickets to sell. Charles sold 92 tickets. Bryan had twice as many tickets left unsold as Ashton'