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Suppose NBT Mutual Fund Has No Liabilities and Owns Only

Question 99

Multiple Choice

Suppose NBT Mutual Fund has no liabilities and owns only three stocks with the following number of shares and respective market prices. Suppose NBT Mutual Fund has no liabilities and owns only three stocks with the following number of shares and respective market prices. The fund originated by selling $500,000 of stock at $100.00 per share. What is its current NAV? A) $0.72 B) $14.33 C) $15.21 D) $71.66 E) None of the above The fund originated by selling $500,000 of stock at $100.00 per share. What is its current NAV?


A) $0.72
B) $14.33
C) $15.21
D) $71.66
E) None of the above

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