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Mathematics, 21.07.2019 17:30 itscarterelliottt

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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