The BG mutual fund has a NAV of $11.72 and a maximum offering price of $12.67. What is the maximum sales charge for this fund?

The BG mutual fund has a NAV of $11.72 and a maximum offering price of $12.67. What is the maximum sales charge for this fund?

The BG mutual fund has a NAV of $11.72 and a maximum offering price of $12.67. What is the maximum sales charge for this fund?




A. 7.5%
B. 8.10%
C. 8.50%
D. 9%








Answer: A