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Each question is 7 points and total are 21 points. Please show your detailed work to get full credits. 1. A Denver mutual fund has
Each question is 7 points and total are 21 points. Please show your detailed work to get full credits. 1. A Denver mutual fund has the following assets and prices at 4:00 p.m. (EST): Stock Shares owned Price 1 2,000 $ 1.97 2 5,000 $48.26 3 1,000 $26.44 4 10,000 $67.49 The company also has $4,000 cash and a liability of $2,000. Calculate the net asset value (NAV) pe share for the fund, if fund has 10,000 shares outstanding
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