Question
A mutual fund had year-end assets of $1,100,000,000 and liabilities of $12,484,000. There were 68,242,000 shares in the fund at year-end. What was the mutual
A mutual fund had year-end assets of $1,100,000,000 and liabilities of $12,484,000. There were 68,242,000 shares in the fund at year-end. What was the mutual fund's net asset value? A. $12.88 B. $11.36 C. $13.45 D. $15.94 E. $14.72
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The New Managed Account Solutions Handbook
Authors: Stephen D. Gresham, Arlen S. Oransky
1st Edition
0470222786, 978-0470222782
