Question

Total asset book value $1.2b and its market value now is $7.7b and liabilities $1.3b with...

Total asset book value $1.2b and its market value now is $7.7b and liabilities $1.3b with 700m outstanding shares. Find NAV.

Homework Answers

Answer #1

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Net asset value (NAV) is determined by a. Supply and demand for the investment company stock...
Net asset value (NAV) is determined by a. Supply and demand for the investment company stock in the secondary market. b. The total market value of all its assets multiplied by the number of fund shares outstanding. c. Supply and demand for the investment company stock in the primary market. d. The total market value of all its assets divided by the number of shareholders. e. The total market value of all its assets divided by the number of fund...
A closed-end fund has total assets of $375 million and liabilities of $200,000. Currently, 20 million...
A closed-end fund has total assets of $375 million and liabilities of $200,000. Currently, 20 million shares are outstanding. What is the NAV of the fund? If the shares currently sell for $17.90, what is the premium or discount on the fund? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round the NAV answer to 2 decimal places. Enter the premium or discount as a percent rounded to 2 decimal places.) Net asset...
Company A, Inc. has a total asset of $60,000 million. Its total liability is $48,000 million....
Company A, Inc. has a total asset of $60,000 million. Its total liability is $48,000 million. The price of the stock is $600 per share and the stock has 50 million shares outstanding. What is Company A's market-to-book ratio? (Round to 2 decimal places)
Book value is equal to: a. Assets-(Liabilities+Equity) b. Assets-(Liabilities/#of shares of common stock outstanding) c. Net...
Book value is equal to: a. Assets-(Liabilities+Equity) b. Assets-(Liabilities/#of shares of common stock outstanding) c. Net worth d. Assets/# of shares of common stock outstanding
Little Book LTD has total assets of $860 000. There are 75 000 shares of stock...
Little Book LTD has total assets of $860 000. There are 75 000 shares of stock outstanding, total book value of $750 000 with a market value of $12 a share. The firm has a profit margin of 6.5% and a total asset turnover of 1.5. Required: a) Calculate the company’s EPS? b) What is the market –to- book ratio?
Discuss how the net asset value (NAV) is determined and what is meant by market-to-market.
Discuss how the net asset value (NAV) is determined and what is meant by market-to-market.
Tomas has the same market value as its book value, they are the same. The company...
Tomas has the same market value as its book value, they are the same. The company has excess cash of $1,100, equity of $13,500 and other assets of $12,400. The company has 2,700 shares of stock outstanding and net income of $10,800. The company then uses its excess cash of $1,100 to do a stock repurchase. After this stock repurchase, how much will the price-to-earnings ratio change? (Show before and after P/E)
The value of a mutual fund's assets less its liabilities, divided by the number of shares...
The value of a mutual fund's assets less its liabilities, divided by the number of shares outstanding is referred to as the fund's _____. A) net asset value B) offering price C) open-end value D) closed-end value
A firm has a market value equal to its book value. Currently, the firm has excess...
A firm has a market value equal to its book value. Currently, the firm has excess cash of $700 and other assets of $6,300. Equity is worth $7,000. The firm has 600 shares of stock outstanding and net income of $1,512. What will the new earnings per share be if the firm uses 25 percent of its excess cash to complete a stock repurchase?
The World Income Appreciation Fund has current assets with a market value of $6.6 billion and...
The World Income Appreciation Fund has current assets with a market value of $6.6 billion and has 155 million shares outstanding. What is the net asset value (NAV) for this mutual fund? (Round your answer to 2 decimal places.)
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT