Consider a Mutual Fund with 100 Shareholders Who Each Invested

Multiple Choice

Consider a mutual fund with 100 shareholders who each invested $10 for a total of $1,000.If the assets of the mutual fund are worth $900, what is the net asset value for each one of the mutual fund shares?

A) $0.9.
B) $9.
C) $90.
D) $10.
E) $0.10.