dylane1284 dylane1284

20-04-2022
Business

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The New American Enterprise Mutual Fund's portfolio is valued at $60 million. The fund has liabilities of $2 million, and the investment company sponsoring the fund has issued 2,900,000 shares. What is the fund's net asset value

Respuesta :

bradleybannor bradleybannor

22-04-2022

Answer:

$30.40

Explanation:

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

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