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An open-end mutual fund has the following stocks: Stock Shares Stock Price A 13,500 $83 B 33,000 16 C 20,000 59 D 71,000 21 There
An open-end mutual fund has the following stocks: |
Stock | Shares | Stock Price |
A | 13,500 | $83 |
B | 33,000 | 16 |
C | 20,000 | 59 |
D | 71,000 | 21 |
There are 65,000 shares of the mutual fund, and liabilities of $215,000. What is the NAV of the fund? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.) |
Net asset value | $ |
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