Question
A mutual fund owns 200 shares of Stock A, worth $44.22 per share and 300 shares of Stock B, worth $75.49 per share. The fund
A mutual fund owns 200 shares of Stock A, worth $44.22 per share and 300 shares of Stock B, worth $75.49 per share. The fund pays analysts a total of $400 in salaries and has overhead of $300. If the fund has issued 50 shares, what is the NAV?
Group of answer choices
$783.81
$448.82
$615.82
$500.38
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
3rd Edition
0470891696, 978-0470891698
