NAV An open end mutual fund has the following stocks:
|
Stock |
Shares |
Stock Price |
|
A |
9,000 |
$68 |
|
B |
13,000 |
39 |
|
C |
8,600 |
49 |
|
D |
12,500 |
82 |
If there are 50,000 shares of the market fund, what is the NAV?
NAV Suppose the fund in the previous problem has liabilities of $110,000. What is the NA of the fund now?