The world income appreciation fund has current assets with


The World Income Appreciation Fund has current assets with a market value of $11.2 billion, 420 million shares outstanding, and a current market price quotation of $28.08. Calculate the front-end load. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

  Front-end load                %

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Financial Management: The world income appreciation fund has current assets with
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