The net asset value of a mutual fund that is worth $100 million, has liabilities of $5 million, and has 5 million shares is

Name: The net asset value of a mutual fund that is worth $100 million, has liabilities of $5 million, and has 5 million shares is
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Question

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The net asset value (NAV) per share is calculated by subtracting liabilities from total assets and then dividing by the number of shares. Here, ($100 million - $5 million) / 5 million shares = $19 per share.

The Net Asset Value of a Mutual Fund That Is