Multiple Choice
The All-Star Basic Value Fund's portfolio is valued at $210 million.The fund has liabilities of $5 million,and the fund's net asset value is $12.50.What is the fund's number of shares outstanding?
A) 5,000,000
B) 7,500,000
C) 12,500,000
D) 16,400,000
E) 38,720,000
Correct Answer:

Verified
Correct Answer:
Verified
Q44: Which one of the following is not
Q46: Mary Cooper just purchased 100 shares in
Q53: Christopher Fishbone is buying shares in a
Q65: Together,all the different management fees,12b-1 fees,and additional
Q67: Contingent deferred sales loads may also be
Q83: When you decide to redeem shares in
Q88: Over many years,the majority of managed mutual
Q96: A fee that investors pay when they
Q135: While mutual fund income dividends are subject
Q147: An investment company sponsoring a mutual fund