The information in the table applies to the day of investment in a mutual fund. Find (a) the net asset value and (b) the number of shares purchased. Amount Invested Total Fund Assets Total Fund Liabilities Total Shares Outstanding $6400 $925 millio $41 million 40 million What is the net asset value? $ (Round to the nearest cent.) How many shares were purchased? (Round to the nearest whole number.)

Q: A year​ ago, an investor bought 400 shares of a mutual fund at ​$7.52 per share. This​ year, the…

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A: NAV net asset value can be found out by net assets value divided by outstanding shares.

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A: Solution:- Net Asset Value (NAV) of mutual fund means per unit net value of each unit. NAV = (Total…

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Q: A mutual fund has total assets outstanding of $69 million. During the year, the fund bought and sold…

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A: Answer and calculations are given below

Q: The information in the table applies to the day of investment in a mutual fund. Find (a) the net…

A: Net Asset Value (NAV) represents the per-share market value of a mutual fund's holdings after…

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A: There are several multiple choice questions here. We will answer them one by one.

Q: carry the right to a fund recorded in th How should the pre answer. Your answer to this

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Q: Bhupatbhai

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A: The formula to compute net asset value as follows:

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Q: You invested in the no load Best Mutual Fund one year ago by purchasing 700 sha Today, the NAV is…

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Q: A mutual fund had an NAV of $26.4000 a year ago. During the year the fund paid dividends of $1.4000…

A:

Q: Assume that one year ago, you bought 240 shares of a mutual fund for $27 per share and that you…

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