Sally Williams purchased 40 shares of the New Continental Mutual Fund. The current market value was $22 a share, which is referred to as the

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The current market value of a mutual fund is referred to as its net asset value (NAV). Load cost is the fee charged by some mutual funds when purchasing or selling shares, the original price is the price at which the shares were first offered, selling price is the price at which a shareholder can sell their shares, and established price is not a commonly used term in the context of mutual funds.

Sally Williams Purchased 40 Shares of the New Continental Mutual