You own a mutual fund valued at $46 per share. It has a gross return of 8% and an expense ratio of 1.0%. Your share's real worth based upon the given information is . (round to the nearest cent){DO NOT INCLUDE CO Submit

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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You own a mutual fund valued at $46 per
share. It has a gross return of 8% and an
expense ratio of 1.0%. Your share's real worth
based upon the given information is
. (round to the nearest
cent){DO NOT INCLUDE COM
Submit
Transcribed Image Text:You own a mutual fund valued at $46 per share. It has a gross return of 8% and an expense ratio of 1.0%. Your share's real worth based upon the given information is . (round to the nearest cent){DO NOT INCLUDE COM Submit
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