Questions on Mutual Func Question 2a KTK FUND Ltd. has the following portfolio: Fund portfolio is as follows: Stock shares 200,000 300,000 400,000 600,000 price A 35 B 40 C 20 D 25 The fund has borrowed GHC1,970,000 that has not management fees with portfolio manager currents million shares outstanding. KTK FUND Ltd, share pr market at GHC12. Is the fund tradin
Questions on Mutual Func Question 2a KTK FUND Ltd. has the following portfolio: Fund portfolio is as follows: Stock shares 200,000 300,000 400,000 600,000 price A 35 B 40 C 20 D 25 The fund has borrowed GHC1,970,000 that has not management fees with portfolio manager currents million shares outstanding. KTK FUND Ltd, share pr market at GHC12. Is the fund tradin
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Questions on Mutual Fund Calc
Question 2a
KTK FUND Ltd. has the following portfolio:
Fund portfolio is as follows:
Stock
shares
200,000
300,000
price
A
B
C
20
D
25
The fund has borrowed GHC1,970,000 that has not been paid any and its accrued
management fees with portfolio manager currents total GHC30,000. There are 4
million shares outstanding. KTK FUND Ltd. share price is trading on the stock
market at GHC12. Is the fund trading at a discount or premium?
400,000
600,000
35
40](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F263edd0f-32ef-44d4-a9f5-bdc5d66df7b1%2Faa75ab9e-deb8-4e25-9cc8-f1a9a6846bf3%2Fftnyd5h_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Questions on Mutual Fund Calc
Question 2a
KTK FUND Ltd. has the following portfolio:
Fund portfolio is as follows:
Stock
shares
200,000
300,000
price
A
B
C
20
D
25
The fund has borrowed GHC1,970,000 that has not been paid any and its accrued
management fees with portfolio manager currents total GHC30,000. There are 4
million shares outstanding. KTK FUND Ltd. share price is trading on the stock
market at GHC12. Is the fund trading at a discount or premium?
400,000
600,000
35
40
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