Multiple Choice
A mutual fund had year-end assets of $437,000,000 and liabilities of $37,000,000. If the fund NAV was $60.12, how many shares must have been held in the fund?
A) 6,653,360
B) 8,412,642
C) 10,165,476
D) 9,165,414
E) 9,219,160
Correct Answer:
Verified
Correct Answer:
Verified
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