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You own shares of the High Growth Technology Fund, which has a NAV of $41.53 and...

You own shares of the High Growth Technology Fund, which has a NAV of $41.53 and a 4.24 percent back-end load. How much will you receive per share upon redemption?

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Answer #1

How much will you receive per share upon redemption

=NAV*(1-back-end load)

=41.53*(1-4.24%)

=39.77

the above isa nswer..

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