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The Sunland Large-Cap Value Fund has total assets of $50 million, total liabilities of $500,000, and 5 million shares outstanding. If you bought shares in
The Sunland Large-Cap Value Fund has total assets of $50 million, total liabilities of $500,000, and 5 million shares outstanding. If you bought shares in this fund one year ago when the net asset value was $8.50 per share, what was the annual percentage increase in the net asset value?
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The annual percentage increase in the net asset value can be calculated by taking ...
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Accounting Principles Part 3
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
6th Canadian edition Volume 1
1118306805, 978-1118306802
