The net assets value of an open-end fund is Rs. 20 per… – BBS Fundamentals of Investment 2082 Solved

BBS Fundamentals of Investment · 2082 · Solved Question with Answer

The net assets value of an open-end fund is Rs. 20 per share. What would be the offering price if fund's front-end load fee is 4 percent?

Solution

The net assets value of an open-end fund is Rs. 20 per share. What would be the offering price if fund's front-end load fee is 4 percent?