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An open-end mutual fund has the following stocks: Stock Shares Stock Price A 13,000 $84 B 33,000 15 C 20,000 61 D 65,000 20 If
| An open-end mutual fund has the following stocks: |
| Stock | Shares | Stock Price |
| A | 13,000 | $84 |
| B | 33,000 | 15 |
| C | 20,000 | 61 |
| D | 65,000 | 20 |
| If there are 64,000 shares of the mutual fund, what is the NAV? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.) |
| Net asset value | $ |
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The Oxford Handbook Of IPOs
Authors: Douglas Cumming, Sofia Johan
1st Edition
0190614579, 978-0190614577
