Question
Fidelity's Active Equity fund has a portfolio of $220 million and liabilities of $5 million. The fund has sold 8 million shares to fund shareholders.
Fidelity's Active Equity fund has a portfolio of $220 million and liabilities of $5 million. The fund has sold 8 million shares to fund shareholders.
What is the net asset value (NAV) per share?
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Principles Of Sustainable Finance
Authors: Dirk Schoenmaker, Willem Schramade
1st Edition
0198826605, 978-0198826606
