Question
An open-end mutual fund has the following stocks: Stock Shares Stock Price A 7,000 $ 96 B 33,000 12 C 4,600 85 D 81,000 10
An open-end mutual fund has the following stocks:
| Stock | Shares | Stock Price | ||
| A | 7,000 | $ | 96 | |
| B | 33,000 | 12 | ||
| C | 4,600 | 85 | ||
| D | 81,000 | 10 | ||
If there are 52,000 shares of the mutual fund, what is the NAV? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Net asset value:
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Knowledge Assets And Knowledge Audits Working Methods For Knowledge Management
Authors: Pawan Handa, Jean Pagani, Denise Bedford
1st Edition
1789737745, 978-1789737745
