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A typical money market mutual fund has 100 million shares outstanding.If the fund's total assets minus liabilities increase from $100 million to $102 million, which
A typical money market mutual fund has 100 million shares outstanding.If the fund's total assets minus liabilities increase from $100 million to $102 million, which of the following will happen?
The fund will issue a total of 2 million new shares to the fund's existing holders
The fund's NAV per share will rise from $100 to $102
The fund's NAV per share will rise from $1.00 to $1.02
The fund's NAV per share will increase by 102%
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Stochastic Filtering With Applications In Finance
Authors: Bhar Ramaprasad
1st Edition
9814304859, 9789814304856
