SIE Exam Question 886: Answer and Explanation

Question: 886

Which of the following is the formula to calculate an investment's public offering price (POP)?

  • A. POP = NAV ÷ Sales charge
  • B. POP = Sales charge ÷ NAV
  • C. POP = NAV + Sales charge
  • D. POP = NAV - Sales charge

Correct Answer: C

Explanation:

The formula to calculate an investment's public offering price is: POP = NAV + Sales charge

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