Hope invested 9000 in a mutual fund when the price per, Financial Management

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Hope invested 9000 in a mutual fund when the price per

1. Amount of Shares Purchased. Hope invested $9,000 in a mutual fund when the price per share was $30. The fund has a load fee of $300. How many shares did she purchase?

2. Amount of Shares Purchased. If Hope (from problem 1) had invested the same amount of money in a no-load fund with the same price per share, how many shares could she have purchased?

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