Consider the Defiance Bond Fund that consists of the 3 bonds shown below and has no liabilities. $$\begin{array} { l c c }
\text { Company } & \text { Current Bond Value } & \text { \# Bonds } \
\hline \text { Komko } & 980 & 120 \
\text { Hijack } & 1010 & 150 \
\text { Mitsue } & 1200 & 100
\end{array}$$ If initially the value of the fund was $250,000 and the original shares were offered to the public with a NAV of $25 per share, what is the current NAV of the fund?

Question

Consider the Defiance Bond Fund that consists of the 3 bonds shown below and has no liabilities. $$\begin{array} { l c c } 
\text { Company } & \text { Current Bond Value } & \text { \# Bonds } \
\hline \text { Komko } & 980 & 120 \
\text { Hijack } & 1010 & 150 \
\text { Mitsue } & 1200 & 100
\end{array}$$ If initially the value of the fund was $250,000 and the original shares were offered to the public with a NAV of $25 per share, what is the current NAV of the fund?

Quizplus · Accepted Answer

The Answer of Consider the Defiance Bond Fund that consists of the 3 bonds shown below and has no liabilities. $$\begin{array} { l c c } 
\text { Company } & \text { Current Bond Value } & \text { \# Bonds } \
\hline \text { Komko } & 980 & 120 \
\text { Hijack } & 1010 & 150 \
\text { Mitsue } & 1200 & 100
\end{array}$$ If initially the value of the fund was $250,000 and the original shares were offered to the public with a NAV of $25 per share, what is the current NAV of the fund?

Consider the Defiance Bond Fund That Consists of the 3