Question
The composition of the Fingroup Fund portfolio is as follows: Stock Shares Price A 200,000 $ 33 B 278,000 41 C 411,000 31 D 570,000
The composition of the Fingroup Fund portfolio is as follows:
| Stock | Shares | Price | ||||
| A | 200,000 | $ | 33 | |||
| B | 278,000 | 41 | ||||
| C | 411,000 | 31 | ||||
| D | 570,000 | 50 | ||||
The fund has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $22,000. There are 2.3 million shares outstanding.
What is the net asset value of the fund?
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Financial Management In Construction Contracting
Authors: Andrew Ross, Peter Williams
1st Edition
1405125063, 9781405125062
