Question
Consider the following information for a Mutual Fund: Market Value of Securities held by the Fund $605,003,544 Accrued Income $810,826 Cash & Cash Equivalents $503,295
- Consider the following information for a Mutual Fund:
| Market Value of Securities held by the Fund | $605,003,544 |
| Accrued Income | $810,826 |
| Cash & Cash Equivalents | $503,295 |
| Accrued Expense | $2,890,610 |
| Short-Term Liabilities | $73,877 |
| Long-Term Liabilities | $4,285,730 |
| Total number of Outstanding Shares | 35712692.00 |
What is the Net Asset Value of this fund? (0.5 pts)
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Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Louis C. Gapenski
4th Edition
1567932800, 978-1567932805
