Question 25 1 pts The Emerging Fund is a new closed-end fund which just offered its shares to the public. The fund raise

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Question 25 1 pts The Emerging Fund is a new closed-end fund which just offered its shares to the public. The fund raise

Post by answerhappygod »

Question 25 1 Pts The Emerging Fund Is A New Closed End Fund Which Just Offered Its Shares To The Public The Fund Raise 1
Question 25 1 Pts The Emerging Fund Is A New Closed End Fund Which Just Offered Its Shares To The Public The Fund Raise 1 (82.62 KiB) Viewed 52 times
Question 25 1 pts The Emerging Fund is a new closed-end fund which just offered its shares to the public. The fund raised $75 million and each share sold for $20. The fee for the fund promoter was 3.75% of the initial proceeds. What was the value of your initial $21,500 purchase before the shares began trading in the marketplace? $18,430 $18,532 $19,040 $19,500 $20,694
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply