Multiple Choice
The Flash Fund owns 4,000 of GM and 8,000 shares of Microsoft.GM's price is $20 and Microsoft's is $25.If the fund has 5,000 shares outstanding,its NAV per share is
A) $90.00.
B) $93.33.
C) $66.00.
D) $56.00.
Correct Answer:
Verified
Correct Answer:
Verified
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