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On may 2nd the prices of a mutual fund at 4.00 pm are as follows 1 1000 2.03 2 5000 51.37 3 2,800 51.37 4
On may 2nd the prices of a mutual fund at 4.00 pm are as follows
1 1000 2.03
2 5000 51.37
3 2,800 51.37
4 10,000 67.19
5 3,000 4.42
Cash n/a 2408
A) calculate the net asset value for the fund
B) if an investor sends the fund a check of 50,000$ how many shares can he buy
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