alirawrs3155 alirawrs3155

20-04-2022
Business

contestada

The Capitalist Mutual Fund's portfolio is valued at $40 million. The fund has liabilities of $2 million, and the investment company sponsoring the fund has issued 1,250,000 shares. What is the fund's net asset value

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hthey1709 hthey1709

22-04-2022

Answer:

$30.40

Explanation:

($40 million − $2 million) / 1.25 million shares = $30.40

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