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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

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
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
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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