HappyRetirement fund owns 100000 shares of stock A, 200000 shares of stock B, and 300000 shares...
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HappyRetirement fund owns 100000 shares of stock A, 200000 shares of stock B, and 300000 shares of stock C. The closing prices of the three stock were 25, 30, and 35, respectively. If the fund has accrued liabilities of 100000 and has 10 million shares outstanding, what is the NAV of the fund? HappyRetirement fund owns 100000 shares of stock A, 200000 shares of stock B, and 300000 shares of stock C. The closing prices of the three stock were 25, 30, and 35, respectively. If the fund has accrued liabilities of 100000 and has 10 million shares outstanding, what is the NAV of the fund?
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Related Book For
Management and Cost Accounting
ISBN: 978-1405888202
4th edition
Authors: Alnoor Bhimani, Charles T. Horngren, Srikant M. Datar, George Foster
Posted Date:
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