The World Income Appreciation Fund has current assets with a market value of $8.5 billion and has

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The World Income Appreciation Fund has current assets with a market value of $8.5 billion and has 410 million shares outstanding. What is the net asset value (NAV) for this mutual fund?

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Fundamentals of Investments, Valuation and Management

ISBN: 978-1259720697

8th edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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Question Posted: Nov 15, 2018 06:25 AM

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The World Income Appreciation Fund has current assets with a market value of $8.5 billion and has

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Fundamentals of Investments, Valuation and Management

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