Question
Calculate the NAV for a mutual fund with the following values: Market value of securities held in portfolio.=$1.2 billion Liabilities of the fund.=$37 million Shares
Calculate the NAV for a mutual fund with the following values:
Market value of securities held in portfolio.=$1.2 billion
Liabilities of the fund.=$37 million
Shares outstanding.$60 million
The NAV per share is$?
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Quantitative Finance: An Object-Oriented Approach In C++
Authors: Erik Schlogl, Dilip B. Madan
1st Edition
1584884797, 978-1584884798
