Jorge Rodriguez wants to invest money in the DJ Securities Fund. It has an offer price of $17.98 per share and a net asset value of $17.12.
a.What is the amount of the sales charge per share?b.What is the sales charge percent? (Round to the nearest tenth of a percent)
What will be an ideal response?
| a. | $0.86 |
| b. | 5.0% |
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