What is the value of the funds portfolio
Problem
A mutual fund's net asset value is $29.25. The fund has liabilities of $4.3 million, and the investment company sponsoring the fund has issued 1,895,000 shares.
What is the value of the fund's portfolio?
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A mutual fund's net asset value is $29.25. The fund has liabilities of $4.3 million, and the investment company. What is the value of the fund's portfolio?
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