Multiple Choice
A mutual fund had year-end assets of $465,000,000 and liabilities of $37,000,000.If the fund NAV was $56.12, how many shares must have been held in the fund?
A) 4,300,000
B) 6,488,372
C) 8,601,709
D) 7,626,515
Correct Answer:
Verified
Correct Answer:
Verified
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