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Assume that a no - load, open - end mutual fund holds securities with a total market value of $ 1 2 million, has no
Assume that a noload, open end mutual fund holds securities with a total market value of $ million, has no liability and has shares outstanding.
Calculate the net asset value per share of this fund.
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To calculate the net asset value NAV per share of the mutual fund divide the total mar...
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
10th Edition
538482109, 1133711774, 538482389, 9780538482103, 9781133711773, 978-0538482387
