Mathematics, 07.10.2019 05:30 jalenclarke25

The capitalist mutual fund's portfolio is valued at $45 million. the fund has liabilities of $3 million, and the investment company sponsoring the fund has issued 1,600,000 shares. what is the fund's net asset value?
a. $100

b. $26.25

c. $52.50

d. $3.75

Answers: 1

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More questions: Mathematics Another questions

The capitalist mutual fund's portfolio is valued at $45 million. the fund has liabilities of $3 million, and the investment company sponsoring the fund has issued 1,600,000 shares. what is the fund's net asset value? a. $100 b. $26.25 c. $52.50 d. $3.75

Answers

Another question on Mathematics

The capitalist mutual fund's portfolio is valued at $45 million. the fund has liabilities of $3 million, and the investment company sponsoring the fund has issued 1,600,000 shares. what is the fund's net asset value?
a. $100

b. $26.25

c. $52.50

d. $3.75