Multiple Choice
Compute the net asset value for a share of a mutual fund with the following characteristics:
Market value of assets:
$6,257,562,000
Market value of liabilities:
$123,800,000
Number of shares outstanding:
134,430,000
A) $46.55
B) $47.47
C) $50.55
D) $45.63
Correct Answer:
Verified
Correct Answer:
Verified
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