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> Question 37 1 pts On January 1st, Vanguard Wellington Fund, an open-end mutual fund, has the following assets and prices at 4:00 PM. Stock
> Question 37 1 pts On January 1st, Vanguard Wellington Fund, an open-end mutual fund, has the following assets and prices at 4:00 PM. Stock Shares owned Price Cisco Systems 3,000 $50.00 Deere & Co. 2,000 $160.00 eBay Inc. 15,000 $30.00 Ford Motor 6,000 $10.00 Macy's Inc. 5,000 $40.00 Question: Assume that 100,000 shares are outstanding for the fund and the fund currently holds cash value of $50,000 and has a liability of $30,000. What is the net asset value (NAV) for the fund? O $12.00 O $11.80 O $15.00 O $13.45 Previous Next
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