An open-end mutual fund has the following stocks:
Stock | Shares | Stock Price | ||
A | 8,500 | $ | 93 | |
B | 33,000 | 22 | ||
C | 6,000 | 79 | ||
D | 81,000 | 11 | ||
If there are 55,000 shares of the mutual fund, what is the NAV?
Net asset value:
Get Answers For Free
Most questions answered within 1 hours.