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Calculate the NAV of the following fund, assuming 3,500 shares are outstanding. Calculate the percentage change in the NAV of the fund if stock C
- Calculate the NAV of the following fund, assuming 3,500 shares are outstanding. Calculate the percentage change in the NAV of the fund if stock C climbs to $33.41.
Stock | Shares owned | price |
A | 500 | $5.74 |
B | 6,000 | $65.10 |
C | 3,000 | $12.04 |
Cash | n.a. | $4,368.40 |
- Will the NAV increase or decrease? Why?
- Calculated your return on your investment given the change in NAV
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