Question
An open-end mutual fund has the following stocks: Stock Shares Stock Price A 6,500 $ 97 B 33,000 16 C 4,600 87 D 78,000 11
An open-end mutual fund has the following stocks:
| Stock | Shares | Stock Price | ||
| A | 6,500 | $ | 97 | |
| B | 33,000 | 16 | ||
| C | 4,600 | 87 | ||
| D | 78,000 | 11 | ||
If there are 51,000 shares of the mutual fund, what is the NAV? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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Project Financing Analyzing And Structuring Projects
Authors: Frank J Fabozzi, Carmel De Nahlik
1st Edition
9811232393, 9789811232398
