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8 (1 point) If a mutual fund had equity securities totaling $17,500,000, cash of $1,500,000, liabilities of $2,000,000, 3 million units outstanding and 5,000 shareholders,
8 (1 point) If a mutual fund had equity securities totaling $17,500,000, cash of $1,500,000, liabilities of $2,000,000, 3 million units outstanding and 5,000 shareholders, what would the fund's NAVPS be? a) $5.17 b) $3.40 c) $5.67 d) $4.67 Previous Page Next Page Submit Quiz 6 of 12 questions saved 40 S F4 144 " # / 3 54 4 W DOLL F5 71 F6 F7 FB F9 201 LL E R 29 ? Step by Step Solution
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
11th Canadian edition Volume 2
1119048540, 978-1119048541
