Question
A) Suppose ABC Mutual Fund had no liabilities and owned only four stocks as follows: Stock Shares Price Market Value W 1,000 $12 $12,000 X
A) Suppose ABC Mutual Fund had no liabilities and owned only four stocks as follows:
Stock Shares Price Market Value
W 1,000 $12 $12,000
X 1,200 15 18,000
Y 1,500 22 33,000
Z 800 16 12,800
Sum: $75,800
The fund began by selling $50,000 of stock at $8.00 per share. What is its NAV?
B) Using a source of international statistics, compare the percentage change in the following economic data for Japan, Germany, India , Pakistan and the United States for a recent year. What were the differences, and which country or countries differed most from the Pakistan?
a. Aggregate output (GDP)
b. Consumer Price Index
c. Money supply growth
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started