Given the following information, calculate the net asset value for the New Empire small-cap mutual fund. Total
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Given the following information, calculate the net asset value for the New Empire small-cap mutual fund.
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Total assets $910 million $20 million Total liabilities Total number of shares 60 million
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The net asset value NAV of a mutual fund is the total value of the f...View the full answer
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Related Book For
Personal Finance
ISBN: 9781264101597
14th Edition
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
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