The All-Star Basic Value Fund's portfolio is valued at $210 million.The fund has liabilities of $5 million,and the fund's net asset value is $12.50.What is the fund's number of shares outstanding?
A) 5,000,000
B) 7,500,000
C) 12,500,000
D) 16,400,000
E) 38,720,000
Correct Answer:
Verified
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