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Author Question: A mutual fund has an offer price of 9.42 per share and a net asset value of 9.04. What is the sales ... (Read 114 times)

iveyjurea

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on: Jun 24, 2018
A mutual fund has an offer price of 9.42 per share and a net asset value of 9.04. What is the sales charge percent? (Round to nearest tenth)
 A) 4.2
  B) 5.1
  C) 3.9
  D) 8.4

Question 2

Neil Roddrick purchased 5,000 in U.S. Treasury bills with a discount rate of 6 for a period of 13 weeks. How much interest did Neil earn on the T-bill investment? How much was the purchase price of Neil's T-bills? What was the effective interest rate of Neil's T-bill investment? (Round to the nearest hundredth of a percent)


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l.stuut

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Reply #1 on: Jun 24, 2018
Answer to Question 1

A

Answer to Question 2

75; 4,925; 6.09


iveyjurea

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

kalskdjl1212

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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