The All-Star Basic Value Fund's portfolio is valued at $360 million. The fund has liabilities of $19 million, and the fund's net asset value is 16,700,000 What is the fund's number of shares outstanding? Multiple Choice О 20.42 million О 22.46 million 17.36 million 16.41 million О 21.49 million .
The All-Star Basic Value Fund's portfolio is valued at $360 million. The fund has liabilities of $19 million, and the fund's net asset value is 16,700,000 What is the fund's number of shares outstanding? Multiple Choice О 20.42 million О 22.46 million 17.36 million 16.41 million О 21.49 million .
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
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Transcribed Image Text:The All-Star Basic Value Fund's portfolio is valued at $360 million. The fund has liabilities of $19 million, and the fund's
net asset value is 16,700,000 What is the fund's number of shares outstanding?
Multiple Choice
О
20.42 million
О
22.46 million
17.36 million
16.41 million
О
21.49 million
.
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