Calculate the net asset value (NAV) for the fund.


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Calculate the net asset value (NAV) for the fund. 1 answer below ยป On January 1, a mutual fund has the following assets and prices at 4:00 PM. Stock Shares owned Price 1 1,000 $1.97 2 5,000 $48.26 3 1,000 $26.44 4 10,000 $67.49 5 3,000 $2.59 Calculate the net asset value (NAV) for the fund. Assume that 8,000 shares are outstanding for the fund. Jul 08 2014 12:39 PM

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