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Consider a mutual funds company with the following data (total shares 10 Mil): Calculate the net assets value of each mutual fund share Cash :

Consider a mutual funds company with the following data (total shares 10 Mil):

Calculate the net assets value of each mutual fund share

Cash : $15 Mil.

Stocks equity investment : $150 Mil

Certificate of Deposits : $75 Mil

Treasury Bonds: $120Mil.

Commercial Papers: $50Mil.

Corporate Bonds: $300 Mil.

Management, Legal and other fees: $15 Mil.

Other Liabilities: $5 Mil.

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