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2 October, 21:18

Use the information in the table below to answer the following question. Name of Fund NAV Offer Price Upton Group $18.47 $18.96 Green Energy $17.29 $18.01 TJH Small-Cap $18.43 $19.05 WHI Health $20.96 NL For which of the funds shown would you pay the most commission on the purchase of 100 shares? a. Green Energy b. TJH Small-Cap c. Upton Group d. WHI Health

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Answers (2)
  1. 2 October, 21:24
    0
    The Answer is A: Green Energy
  2. 2 October, 21:32
    0
    First, arrange the information table:

    Name of Fund NAV Offer Price

    Upton Group $18.47

    Green Energy $17.29

    TJH $18.01

    Small-Cap $18.43

    WHI Health $19.05

    NL $20.96

    From the table above, you pay the most commission on the purchase of 100 shares if you purchase the NL Fund since it has the highest offer ($20.96)
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