Complete the problems Check your answers in the back of the book 1 Suki and...

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Complete the problems Check your answers in the back of the book 1 Suki and Taj Majorka invested 12 500 in the Eaton Vance Dividend Builder Fund Type A The net asset value is 21 71 The fund is front loaded with a loading rate of 5 75 a What is the loading charge b How many shares did they buy 2 Bayne Grycza invested 30 000 in the Hanson Ryder Mutual Fund Type A The net asset value is 16 80 per share The fund is front loaded with a loading rate of 3 5 a What is the loading charge b How many shares did Bayne buy

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Complete the problems Check your answers in the back of the book 1 Suki and Taj Majorka invested 12 500 in the Eaton Vance Dividend Builder Fund Type A The net asset value is 21 71 The fund is front loaded with a loading rate of 5 75 a What is the loading charge b How many shares did they buy 2 Bayne Grycza invested 30 000 in the Hanson Ryder Mutual Fund Type A The net asset value is 16 80 per share The fund is front loaded with a loading rate of 3 5 a What is the loading charge b How many shares did Bayne buy