1 Suppose ABC Mutual Fund had no liabilities and owned only four stocks as follows Stock Shares Price Market Value W 1 , 0 0 0 $ 1 3 $ 1 3 , 0 0 0 X 1 , 1 0 0 1 7 1 8 , 7 0 0 Y 1 , 4 0 0 2 0 2 8 , 0 0 0 Z 7 0 0 1 8 1 2 , 6 0 0 $ 7 2 , 3 0 0 The fund began by selling $ 5 2 , 0 0 0 of stock at $ 1 0 ...

To calculate the Net Asset Value NAV of the ABC Mutual Fund after selling a portion of its stock we ...

1 . Suppose ABC Mutual Fund had no liabilities and owned only four stocks as follows: Stock...

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Question:

1 .

Suppose ABC Mutual Fund had no liabilities and owned only four stocks as follows:

Stock Shares Price Market Value

1, 000

13

13, 000

1, 100 17 18, 700

1, 400 20 28, 000

700 18 12, 600

72, 300

The fund began by selling $

52, 000

of stock at $

10.00

per share. What is its NAV?

Posted Date: May 13, 2024 03:52 AM

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1 . Suppose ABC Mutual Fund had no liabilities and owned only four stocks as follows: Stock...

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