Calculate the net asset value and number of shares purchased for the fund (round shares to thousandths): $$\begin{array} { l l l l l l l }
\text { Total } & \text { Total } & \text { Shares } & \text { Net Asset } & \text { Offer } & \text { Total } & \text { Shares } \
\text { Assets } & \text { Liab. } & \text { Outstanding } & \text { Value (NAV) } & \text { Price } & \text { Investment } & \text { Purchased } \
\$ 60,000,000 & \$ 1,600,000 & 4,000,000 & & \$ 12.10 & \$ 5,000 &
\end{array}$$

Question

Calculate the net asset value and number of shares purchased for the fund (round shares to thousandths): $$\begin{array} { l l l l l l l } 
\text { Total } & \text { Total } & \text { Shares } & \text { Net Asset } & \text { Offer } & \text { Total } & \text { Shares } \
\text { Assets } & \text { Liab. } & \text { Outstanding } & \text { Value (NAV) } & \text { Price } & \text { Investment } & \text { Purchased } \
\$ 60,000,000 & \$ 1,600,000 & 4,000,000 & & \$ 12.10 & \$ 5,000 &
\end{array}$$

Quizplus · Accepted Answer

The Answer of Calculate the net asset value and number of shares purchased for the fund (round shares to thousandths): $$\begin{array} { l l l l l l l } 
\text { Total } & \text { Total } & \text { Shares } & \text { Net Asset } & \text { Offer } & \text { Total } & \text { Shares } \
\text { Assets } & \text { Liab. } & \text { Outstanding } & \text { Value (NAV) } & \text { Price } & \text { Investment } & \text { Purchased } \
\$ 60,000,000 & \$ 1,600,000 & 4,000,000 & & \$ 12.10 & \$ 5,000 &
\end{array}$$

Calculate the Net Asset Value and Number of Shares Purchased