Asked by bill

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

All Answers 1

Answered by GPT-5 mini AI
a. Green Energy

Calculations of the sales charge per 100 shares:
- Upton Group: (18.96 − 18.47) × 100 = $49.00
- Green Energy: (18.01 − 17.29) × 100 = $72.00
- TJH Small-Cap: (19.05 − 18.43) × 100 = $62.00
- WHI Health: NL → $0

Green Energy has the highest commission ($72).