The Hirt & Block mutual fund has assets of $147 million, liabilities of $7 million and 7 million shares outstanding. The shares trade at $21.60 per share. What is the percentage load fee?

8%

Explanation:

The load fee would be the excess percentage amount charged on the share over the Net Asset Value per share.

=

Net Asset value Per share = (Assets - Liabilities) / Number of shares

= (147 - 7) / 7

= $20

Load fee

=

=

= 8%

typically a loft will include modern kitchen and bathrooms, this increases the price tag. lofts also have a good amount of open space, this requires more heating and electricity. lofts are also in older buildings, this means that maintaining the location increases the bill. keep in mind this is without talking about the high state and property taxes.

i hope this you! : )

answer decisions made by individual households and firms;