Question
ABC is a mutual fund. Suppose todays total market value of the stocks held by ABC is $50 million, dividends received today are $500,000, and
ABC is a mutual fund. Suppose todays total market value of the stocks held by ABC is $50 million, dividends received today are $500,000, and the expenses incurred today are $300,000. If the number of shares of ABC is 2 million, how much is the NAV of ABC?
| $25 | ||
| $25.1 | ||
| $32 | ||
| $50 | ||
| $50.2 |
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How To Read A Financial Report Wringing Vital Signs Out Of The Numbers
Authors: John A. Tracy , Tage C. Tracy
9th Edition
1119606462,1119606489
