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Options
-
4000 units
Correct answer
- B
20000 units
- C
Will be lower than 4000 units due to entry load
- D
Will be lower than 20000 units due to entry load
Why this is the answer
The units allotted are calculated as the investment amount divided by the NAV: Units allotted = 2,00,000 / 50 = 4000 units Currently, there is no entry load, so no reduction in units.
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