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
E) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q20: A mutual fund had year-end assets of
Q49: What is an Exchange-traded fund? Give two
Q52: A mutual fund had year-end assets of
Q53: Which one of the following statements regarding
Q55: Which of the following statements about Real
Q56: A mutual fund had year-end assets of
Q57: Which of the following is not an
Q58: Of the following types of ETFs,an investor
Q59: A mutual fund had NAV per share
Q61: Assume that you purchased shares of a