What is the nav if there are 252 million shares outstanding, Financial Management

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What is the nav if there are 252 million shares outstanding

The Emerging Growth and Equity Fund is a “low-load” fund. The current offer price quotation for this mutual fund is $16.03, and the front-end load is 1.85 percent.

1. What is the NAV?

2. If there are 25.2 million shares outstanding, what is the current market value of assets owned by the fund?

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Financial Management: What is the nav if there are 252 million shares outstanding

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Financial Management: What is the nav if there are 252 million shares outstanding

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