Multiple Choice
A mutual fund had year-end assets of $560,000,000 and liabilities of $26,000,000.There were 23,850,000 shares in the fund at year end.What was the mutual fund's net asset value?
A) $22.87
B) $22.39
C) $22.24
D) $17.61
Correct Answer:
Verified
Correct Answer:
Verified
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