Suppose the fund in Problem 5 has liabilities of $110,000. What is the NAV of the fund
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Data From Problem 5
An open-end mutual fund has the following stocks:
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Stock Shares Stock Price 6,000 $98 33,000 19 4,600 89 D 82,500 12
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Related Book For
Fundamentals of Investments, Valuation and Management
ISBN: 978-1259720697
8th edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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