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Calculate the NAV of the following fund if 5,000,000 shares are outstanding. Assuming you bought shares in this fund a year ago at $5.06, determine

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Calculate the NAV of the following fund if 5,000,000 shares are outstanding. Assuming you bought shares in this fund a year ago at $5.06, determine the yield on your investment. Stock (at current market value) $15,000,000 Bonds (at current market value) $12,000,000 Cash $800,000 Total value of assets $27,800.000 Liabilities -$200,000 Net Worth $27,600,000

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