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28 Sep 2019
An open-end mutual fund has the following stocks:
Stock Shares Stock Price A 13,500 $83 B 33,000 16 C 20,000 59 D 71,000 21
There are 65,000 shares of the mutual fund, and liabilities of $215,000. What is the NAV of the fund? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)
Net asset value $
| An open-end mutual fund has the following stocks: |
| Stock | Shares | Stock Price |
| A | 13,500 | $83 |
| B | 33,000 | 16 |
| C | 20,000 | 59 |
| D | 71,000 | 21 |
| There are 65,000 shares of the mutual fund, and liabilities of $215,000. What is the NAV of the fund? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.) |
| Net asset value | $ |
Elin HesselLv2
28 Sep 2019
Related questions
| An open-end mutual fund has the following stocks: |
| Stock | Shares | Stock Price |
| A | 9,500 | $91 |
| B | 33,000 | 20 |
| C | 10,000 | 75 |
| D | 68,000 | 13 |
There are 57,000 shares of the mutual fund, and liabilities of$150,000. What is the NAV of the fund? (Do not roundintermediate calculations. Round your answer to 2 decimal places.Omit the "$" sign in your response.) |
| Net asset value | $ |
