2 3 4 5 Chyra redeemed 175 shares of stock she owned in the fund shown below. Name of Fund NAV Offer Price CAH

Question

2 3 4 5
Chyra redeemed 175 shares of stock she owned in the fund shown below.

Name of Fund
NAV
Offer Price
CAH Group
$15.83
$16.27

What were Chyra’s proceeds?
a.
$77.00
b.
$2,770.25
c.
$2,847.25
d.
$5,617.50

GPT-5 mini · Answer

Chyra redeems at the NAV (not the offer/purchase price).

175 × $15.83 = $2,770.25

Answer: b. $2,770.25

2 3 4 5
Chyra redeemed 175 shares of stock she owned in the fund shown below.

Name of Fund
NAV
Offer Price
CAH Group
$15.83
$16.27

What were Chyra’s proceeds?
a.
$77.00
b.
$2,770.25
c.
$2,847.25
d.
$5,617.50

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2 3 4 5 Chyra redeemed 175 shares of stock she owned in the fund shown below. Name of Fund NAV Offer Price CAH Group $15.83 $16.27 What were Chyra’s proceeds? a. $77.00 b. $2,770.25 c. $2,847.25 d. $5,617.50

All Answers 1

Submit Your Answer

2 3 4 5
Chyra redeemed 175 shares of stock she owned in the fund shown below.

Name of Fund
NAV
Offer Price
CAH Group
$15.83
$16.27

What were Chyra’s proceeds?
a.
$77.00
b.
$2,770.25
c.
$2,847.25
d.
$5,617.50