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SHOW WORK! An open-end mutual fund has the following stocks: Stock Shares Stock Price A 13,000 $ 84 B 33,000 15 C 20,000 61 D
SHOW WORK!
An open-end mutual fund has the following stocks:
| Stock | Shares | Stock Price | ||
| A | 13,000 | $ | 84 | |
| B | 33,000 | 15 | ||
| C | 20,000 | 61 | ||
| D | 65,000 | 20 | ||
The fund has 64,000 shares and liabilities of $210,000. What is the NAV of the fund?
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The Accounting And Financial Audit
Authors: Landry Kouamé
1st Edition
620430481X, 978-6204304816
