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NEW QUESTION: 1
Steve Sharp sees a quote for a mutual fund that indicates the fund has a net asset value (NAV) of $26.60 and a public offering price (POP) of $28.00. Based on this, Mr. Sharp quickly ascertains that this fund must have:
A. a front-end load of 5.0%.
B. either a front-end or rear-end load of 5.0%.
C. a front-end load of 5.3%.
D. either a front-end or rear-end load of 5.3%.
Answer: A
Explanation:
Explanation/Reference:
Explanation: A mutual fund that is reported to have a NAV of $26.60 and a POP of $28.00 must have a front-end load of 5.0%. Front-end load = (POP - NAV)/POP = ($28.00 - $26.60)/$28.00 = 5.0%.

NEW QUESTION: 2




A. 172.20.20.1
B. 172.20.10.1
C. 172.20.30.1
D. 172.20.40.1
Answer: A

NEW QUESTION: 3
Given:
11.public enum Title {
12.MR("Mr."), MRS("Mrs."), MS("Ms.");
13.private final String title;
14.private Title(String t) { title = t; }
15.public String format(String last, String first) {
16.return title + " " + first + " " + last;
17.}
18.}
19.public static void main(String[] args) {
20.System.out.println(Title.MR.format("Doe", "John"));
21.}
What is the result?
A. Compilation fails because of an error in line 20.
B. Mr. John Doe
C. Compilation fails because of an error in line 12.
D. Compilation fails because of an error in line 15.
E. An exception is thrown at runtime.
Answer: B