A mutual fund has a portfolio with a total market value of $857 million. The fund also has $30 million in liabilities. I

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answerhappygod
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A mutual fund has a portfolio with a total market value of $857 million. The fund also has $30 million in liabilities. I

Post by answerhappygod »

A mutual fund has a portfolio with a total market value of $857
million. The fund also has $30 million in liabilities. If the
mutual fund has 26 million shares outstanding, what is the net
asset value (NAV)?
Round the answer to two decimals
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