Question
If at the close of trading, a mutual fund has$9 mill worth of assets, $500,000 of cash, and $800,000 of liabilities. The fund has 350,000
If at the close of trading, a mutual fund has$9 mill worth of assets, $500,000 of cash, and $800,000 of liabilities. The fund has 350,000 shares outstanding. What is the mutual fund net asset value calculation?
a.
28
b.
27.14
c.
25.71
d.
24.86
Shandi has a house valued at 350,000.00 and a car is worth $5,000
Her car loan balance is 2,500 and credit card balance is 3000.00
What is her net worth
a.
349,500.00
b.
354,500.00
c.
360,500
d.
355,000.00
Using CAPM, calculate the value of the firm If the risk free rate 6% and the expected market return is 12% and the beta is 1.2
a.
6%
b.
7.2%
c.
13.2%
d.
12%
Answer all parts please
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