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Question 25 1 pts The Emerging Fund is a new closed-end fund which just offered its shares to the public. The fund raise
Posted: Sat Nov 27, 2021 5:31 pm
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 (82.62 KiB) Viewed 53 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