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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

  1. 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

  1. Will the NAV increase or decrease? Why?
  2. Calculated your return on your investment given the change in NAV

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