Question
An open-end mutual fund has the following stocks: Stock Shares Stock Price A 9,000 $ 92 B 33,000 21 C 6,000 77 D 75,000 12
An open-end mutual fund has the following stocks:
| Stock | Shares | Stock Price | ||
| A | 9,000 | $ | 92 | |
| B | 33,000 | 21 | ||
| C | 6,000 | 77 | ||
| D | 75,000 | 12 | ||
The fund has 56,000 shares and liabilities of $140,000. What is the NAV of the fund? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Net Asset Value:
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Audit Cultures Anthropological Studies In Accountability Ethics And The Academy
Authors: Marilyn Strathern
1st Edition
0415233275, 978-0415233279
