The market value of securities and the current liabilities for a mutual fund are $483 450 000

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The market value of securities and the current liabilities for a mutual fund are $483 450 000 and $18 070 900, respectively. What is the net asset value per share (NAVPS) for this mutual fund if there are 40 million shares outstanding?

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Personal Finance

ISBN: 978-0134724713

4th Canadian edition

Authors: Jeff Madura, Hardeep Singh Gill

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Question Posted: May 24, 2019 12:23 PM

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The market value of securities and the current liabilities for a mutual fund are $483 450 000

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