Jarell Tarver invested $20,000 in the Boyd Kern Mutual Fund (Type A). The net asset value is $21.34 per share. The fund is front-loaded with a loading rate of 5.25%. What is the loading charge?

To calculate the loading charge on Jarell Tarver's investment in the Boyd Kern Mutual Fund (Type A), we need to find the total amount invested and then determine the loading charge.

1. Calculate the number of shares purchased:
Number of shares = Total investment amount / Net asset value per share
Number of shares = $20,000 / $21.34 per share

2. Calculate the loading charge:
Loading charge = Number of shares * Net asset value per share * Loading rate
Loading charge = Number of shares * $21.34 per share * 0.0525

Please provide the number of shares purchased in order to calculate the loading charge accurately.

To calculate the loading charge, we need to follow these steps:

Step 1: Determine the number of shares purchased.
To do this, divide the amount invested by the net asset value per share.
Number of shares = Amount invested / Net asset value per share

In this case:
Amount invested = $20,000
Net asset value per share = $21.34

Number of shares = $20,000 / $21.34

Step 2: Calculate the front-loaded loading charge.
To do this, multiply the number of shares purchased by the loading rate.
Loading charge = Number of shares * Loading rate

In this case:
Loading rate = 5.25% (or 0.0525)

Loading charge = Number of shares * Loading rate

Now, we can plug in the values we obtained earlier:

Number of shares = $20,000 / $21.34
Loading rate = 0.0525

Loading charge = ($20,000 / $21.34) * 0.0525

By performing the calculations, we can find the loading charge.

wrong

Front end loading is the commission of a given percentage to be deducted from the total amount invested.

Here the percentage is 5.25%.
The total amount invested is $20000.
The product of the two is the commission (front-end load).

See definition of front-end loading:
http://www.investopedia.com/terms/f/front-endload.asp