Multiple Choice
A mutual fund had year-end assets of $521,000,000 and liabilities of $63,000,000. If the fund NAV was $26.12, how many shares must have been held in the fund?
A) 17,534,456
B) 16,488,372
C) 18,601,742
D) 17,542,515
Correct Answer:
Verified
Correct Answer:
Verified
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