Calculate the net asset value for fund


On January 1 a mutual fund has the following assets and prices at 4:00 PM

Stock Shares owned Price

1 1,000 $1.97

2 5,000 $48.26

3 1,000 $26.44

4 10,000 $67.49

5 3,000 $2.59

Calculate the net asset value (NAV) for the fund. Assume that 8,000 shares are outstanding for the fund

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Calculate the net asset value for fund
Reference No:- TGS053001

Expected delivery within 24 Hours