An open-end mutual fund has the following stocks: Stock Shares Stock Price A 9,000 $ 92 33,000 21 6,000 75,000 BUD с NA Net asset value 77 12 If there are 56,000 shares of the mutual fund, what is the NAV? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
An open-end mutual fund has the following stocks: Stock Shares Stock Price A 9,000 $ 92 33,000 21 6,000 75,000 BUD с NA Net asset value 77 12 If there are 56,000 shares of the mutual fund, what is the NAV? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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