Fidelity Investments is selling a real estate income mutual fund for $10.94 per share. The fund charges a load of 2.5%. What is the offer price?

The offer price is $ 11.21.

Explanation:

Given that Fidelity Investments is selling a real estate income mutual fund for $ 10.94 per share, and the fund charges a load of 2.5%, the following calculation must be performed to determine what is the offer price:

10.94 x 1.025 = X

11.2135 = X

Therefore, the offer price is $ 11.21.

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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