Question
The All-Star Basic Value Fund's portfolio is valued at $280.0 million. The fund has liabilities of $6.2 million, and the investment company sponsoring the fund
The All-Star Basic Value Fund's portfolio is valued at $280.0 million. The fund has liabilities of $6.2 million, and the investment company sponsoring the fund has issued 16,200,000 shares. What is the fund's net asset value (NAV)? (Round your answer to 2 decimal places.)
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16.20 NAV per share
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$30.09 NAV per share
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$16.10 NAV per share
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$16.90 NAV per share
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$17.67 NAV per share
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
2nd Edition
0073530638, 9780073530635
