Question
Cullumber Fund has 10.4 million shares outstanding. The fund's portfolio is now valued at $314 million and the fund owes $25.0 million to the fund
Cullumber Fund has 10.4 million shares outstanding. The fund's portfolio is now valued at $314 million and the fund owes $25.0 million to the fund advisors and $6.4 million for rent and wages. What is the net asset value of the fund?
|
| $27.79 |
|
| $29.58 |
|
| $31.98 |
|
| $27.17 |
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Real Estate Finance Theory And Practice
Authors: Terrence M. Clauretie, G. Stacy Sirmans
4th Edition
032414377X, 978-0324143775
