Series-7 Exam Dumps | A mutual fund with an 8% load and a 1% redemption fee carries a current quote of $6.25

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Question 141/390

A mutual fund with an 8% load and a 1% redemption fee carries a current quote of $6.25 - $6.79. If an investor has tendered his shares for redemption on that basis, the per share price he will receive is approximately:

A. $6.79

B. $6.72

C. $6.25

D. $6.19

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