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The New American Enterprise Mutual Fund's portfolio is valued at $66.2 million. The fund has liabilities of $6.8 million, and the investment company sponsoring the
The New American Enterprise Mutual Fund's portfolio is valued at $66.2 million. The fund has liabilities of $6.8 million, and the investment company sponsoring the fund has issued 5,400,000 shares. What is the fund's net asset value (NAV)? (Round your answer to 2 decimal places.) |
$21.36 NAV per share
$11.00 NAV per share
$8.29 NAV per share
$5.83 NAV per share
$13.52 NAV per share
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