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DEF mutual fund company has an equity fund with $10,000,000 of assets at book value ($14,000,000 at market value) and $2,000,000 of liabilities. There are
DEF mutual fund company has an equity fund with $10,000,000 of assets at book value ($14,000,000 at market value) and $2,000,000 of liabilities. There are 1,000,000 shares outstanding. The NAVPS for DEFs equity fund is:
Question 4 options:
| $8 |
| $14 |
| $10 |
| $12 |
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