Answer:
The correct answer is $2,850.30.
Step-by-step explanation:
I had to look for the complete exercise to understand the data that has the problem.
"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
Now we multiply the number of shares by the Offer Price as indicated in the table above.
Total Investment = (80 * $18.96) + (70 * $19.05) = $2,850.30
Have a nice day!