Suppose you own a mutual fund which has 18,000,000 shares outstanding. If its total assets are $46,000,000 and its liabilities are $12,000,000, find the net asset value of the fund. (Round to the nearest cent)

Question

Quizplus · Accepted Answer

The Answer of Suppose you own a mutual fund which has 18,000,000 shares outstanding. If its total assets are $46,000,000 and its liabilities are $12,000,000, find the net asset value of the fund. (Round to the nearest cent)

Suppose You Own a Mutual Fund Which Has 18,000,000 Shares