6. On January 1, a mutual fund has the following assets and prices at 4:00 PM. Calculate...

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6. On January 1, a mutual fund has the following assets and prices at 4:00 PM.

image text in transcribed Calculate the net asset value (NAV) for the fund. Assume that 8000 shares are outstanding for the fund.

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Financial Markets and Institutions

ISBN: 978-0321280299

5th edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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Question Posted: Sep 21, 2024 09:01 AM

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6. On January 1, a mutual fund has the following assets and prices at 4:00 PM. Calculate...

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Stock Shares owned Price 123415 1000 $1.97 5000 $48.26 1000 $26.44 10000 $67.49 3000 $2.59

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Financial Markets and Institutions

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