The abc open-end mutual fund has a total of 200000000 in, Financial Management

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The abc open-end mutual fund has a total of 200000000 in

The ABC open-end mutual fund has a total of $200,000,000 in assets invested in a portfolio of stocks and bonds. There are currently 8,000,000 fund shares outstanding. What is the fund’s Net Asset Value per share? If you invest $10,000 in the fund, how many shares would you be buying?

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Financial Management: The abc open-end mutual fund has a total of 200000000 in

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