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Business, 25.11.2021 14:10 caityi9619

The net asset value of stock in a mutual fund had increased by $20 per share when an investor decided to redeem them. The investor had purchased 100 shares of the stock for $2,316 and redeemed them for $4,301. What can you conclude about the fund? a. The fund is a no-load fund. B. The offer price of the fund was $0. 15 less than the net asset value when purchased. C. The offer price of the fund was $0. 15 more than the net asset value when purchased. D. The offer price of the fund was $0. 15 more than the net asset value when sold.

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The net asset value of stock in a mutual fund had increased by $20 per share when an investor decide...
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