Multiple Choice
The All-Star Basic Value Fund's portfolio is valued at $105 million.The fund has liabilities of $2.5 million,and the fund's net asset value is $6.25.What is the fund's number of shares outstanding?
A) 2,500,000
B) 5,500,000
C) 6,250,000
D) 16,400,000
E) 38,720,000
Correct Answer:
Verified
Correct Answer:
Verified
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