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An open-end mutual fund owns 3,375 shares of General Electric priced at $13. The fund also owns 4,600 shares of Utz Brands priced at $25,
An open-end mutual fund owns 3,375 shares of General Electric priced at $13. The fund also owns 4,600 shares of Utz Brands priced at $25, and 2,650 shares of Coco Cola priced at $53. The fund itself has 14,425 of its own shares outstanding. What is the NAV of a fund's share? Please report your answer in dollars and cents. For instance, 50.25.
Seved abled Exam 40 An open-end mutual fund owns 3.375 shares of General Electric priced at $13. The fund also owns 4.600 shares of Utz Brands priced at $25 and 2650 shares of Coco Cola priced at $53. The fund itself has 14.425 of its own shares outstanding What is the NAV of a fund's share? Please report your answer in dollars and cents. For instance, 50.25 Step by Step Solution
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