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The approximate per-share NAV plus any fees the fund imposes is the price:
Suggested Answer: D
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40 comments · newest first
GE
Geraldine
10 months ago
Wait, isn't it just the NAV without fees?
ST
Stevie
11 months ago
Definitely A, fees included in the purchase price!
LA
Launa
11 months ago
Surprised to see people confused about this!
PO
Portia
11 months ago
I disagree, B is the right answer for redemptions.
MA
Maurine
11 months ago
A is correct! That's how mutual funds work.
LI
Lilli
12 months ago
I wonder if D could be correct since all options seem related to NAV in some way, but I'm leaning towards A for the purchase price.
TE
Terina
12 months ago
I feel like we covered a similar question in practice, and it was about how fees affect the purchase price. So, A seems right to me.
JA
Jamal
12 months ago
I'm not entirely sure, but I remember something about NAV being important for redemptions too. Could it be B?
LI
Lizbeth
1 year ago
I think the answer might be A, since that's what we discussed about how mutual funds are priced for investors.
EL
Elouise
1 year ago
This is a good test of my understanding of mutual fund pricing. I'm pretty confident the correct answer is D - all of these, since the question covers both the purchase and redemption prices, as well as the NAV.
BR
Brent
1 year ago
Okay, let me think this through. The question is asking about the price investors pay or receive, so I'm guessing the right answer has to do with the NAV plus any applicable fees. I'll go with A on this one.
DE
Devorah
1 year ago
Hmm, I'm a little unsure about this one. I know the NAV is important, but I'm not totally clear on how the fees factor in. I might need to review my notes before answering.
ST
Stephanie
1 year ago
This seems like a pretty straightforward question about mutual fund pricing. I think I've got a good handle on this concept, so I'll go with option B.
JI
Jina
1 year ago
I thought
MA
Marvel
1 year ago
I remember studying about Cisco solutions, and it seems like CSM might be more for legacy ASAs. Wasn't there a practice question about migrating to FTD?
IS
Isabella
1 year ago
Okay, I think I've got this. The key is that the second LSA has a higher sequence number, so R3 should install that one and flood it to its neighbors. Option D looks like the correct answer.
CA
Carmen
1 year ago
NAV? More like 'not a viable' answer, amirite? This is why I stick to index funds - no hidden fees, just pure index goodness.
RO
Rory
1 year ago
Wait, is this a trick question? Are they trying to get us to buy high and sell low? Gotta watch out for those crafty mutual fund managers!
VI
Vicente
1 year ago
Hmm, this one's a bit tricky. I'm leaning towards B since that's the price investors receive on redemptions.
AN
Anjelica
1 year ago
Actually, it's B, that investors receive on redemptions.
TR
Tracey
1 year ago
I agree, it makes sense that it would be all of these.
AD
Adolph
1 year ago
I think it's D, all of these.
HE
Herminia
1 year ago
I agree with Chaya. The question is specifically about the price, not just the NAV. D is too broad.
RO
Roslyn
1 year ago
C) Per share NAV
MI
Mirta
1 year ago
B) That investors receive on redemptions
CA
Catina
1 year ago
A) That investors pay to purchase mutual fund
CH
Chaya
1 year ago
A and B look like the correct answers to me. The question is asking about the price, not just the NAV.
CH
Cherry
1 year ago
D) All of these
ST
Stephaine
1 year ago
B) That investors receive on redemptions
ZO
Zona
1 year ago
A) That investors pay to purchase mutual fund
SE
Selma
1 year ago
Option D seems like the most comprehensive answer. Covers both purchase and redemption prices.
LO
Lourdes
1 year ago
I always go for the option that covers all the bases.
CA
Carole
1 year ago
Definitely, makes it easier to understand how the pricing works.
JE
Jenise
1 year ago
It's convenient to have all the information in one answer.
KA
Kanisha
1 year ago
I agree, option D covers both purchase and redemption prices.
BU
Bulah
1 year ago
Yes, Option D is the correct answer. It includes both the purchase and redemption prices.
BU
Bulah
1 year ago
Option D seems like the most comprehensive answer. Covers both purchase and redemption prices.
DA
Daniel
2 years ago
Yes, that makes sense. So the correct answer is D) All of these.
SH
Shantay
2 years ago
I agree with Dick. The per-share NAV plus any fees is the price that investors pay to purchase mutual fund and receive on redemptions.
DI
Dick
2 years ago
I think the answer is D) All of these.