Question
The composition of the Fingroup Fund portfolio is as follows: Stock Shares A 200,000 Price $ 35 B 264,000 62 C D 418,000 500,000
The composition of the Fingroup Fund portfolio is as follows: Stock Shares A 200,000 Price $ 35 B 264,000 62 C D 418,000 500,000 38 25 The fund has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $51,000. There are 5.5 million shares outstanding. What is the net asset value of the fund? (Round your answer to 2 decimal places.)
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
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