A mutual fund had year-end assets of $327,000,000 and liabilities of $46,000,000. If the fund NAV was $30.48, how many shares must have been held in the fund?
A) 11,354,751
B) 8,412,642
C) 10,165,476
D) 9,165,414
E) 9,219,160
Correct Answer:
Verified
Q44: A mutual fund had NAV per share
Q45: Of the following types of mutual funds,
Q46: A mutual fund had NAV per share
Q47: A mutual fund had NAV per share
Q48: A mutual fund had NAV per share
Q50: Of the following types of ETFs, an
Q51: Of the following types of ETFs, an
Q52: Of the following types of mutual funds,
Q53: A mutual fund had average daily assets
Q54: Of the following types of ETFs, an
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents