Intro A mutual fund owns the following stocks: 15,000 shares of General Electric, 20,000 shares of IBM, and 75,000 shares of Exxon Mobile. The fund has to pay back-wages of $520,000, and has issued 2 million shares to mutual fund shareholders. The fund will receive a dividend of $10 per share from its holdings of General Electric stock in two weeks, which the fund manager will reinvest by buying more shares of GE. Ignore tax effects. The stock prices for GE, IBM, and Exxon are as follows, respectively: Time GE IBM Exxon 10am 603 136 273 End of the day 606 131 280 14 days later 612 129 271 Part 1 Attempt 1/10 for 9 pts. What is the value of the fund's holdings of Exxon at the end of the day? 0+ decimals Submit Part 2 Attempt 1/10 for 9 pts. What is the total NAV (not per share) at the end of the day? 0+ decimals Submit Part 3 Attempt 1/10 for 9 pts. What is the NAV per share at the end of the day? 1+ decimals Submit Part 4 - Attempt 1/10 for 9 pts. If you place an order to buy 100 shares in the fund at 10am, how much will you have to pay? 0+ decimals Submit Intro A mutual fund owns the following stocks: 15,000 shares of General Electric, 20,000 shares of IBM, and 75,000 shares of Exxon Mobile. The fund has to pay back-wages of $520,000, and has issued 2 million shares to mutual fund shareholders. The fund will receive a dividend of $10 per share from its holdings of General Electric stock in two weeks, which the fund manager will reinvest by buying more shares of GE. Ignore tax effects. The stock prices for GE, IBM, and Exxon are as follows, respectively: Time GE IBM Exxon 10am 603 136 273 End of the day 606 131 280 14 days later 612 129 271 Part 1 Attempt 1/10 for 9 pts. What is the value of the fund's holdings of Exxon at the end of the day? 0+ decimals Submit Part 2 Attempt 1/10 for 9 pts. What is the total NAV (not per share) at the end of the day? 0+ decimals Submit Part 3 Attempt 1/10 for 9 pts. What is the NAV per share at the end of the day? 1+ decimals Submit Part 4 - Attempt 1/10 for 9 pts. If you place an order to buy 100 shares in the fund at 10am, how much will you have to pay? 0+ decimals Submit
