A mutual fund has a portfolio with a total market value of $857 million. The fund also has $30 million in liabilities. I
Posted: Sun May 08, 2022 10:03 am
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
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