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If the Micro Mutual Fund Was Originated by Selling $250,000

Question 89

Multiple Choice

If the Micro mutual fund was originated by selling $250,000 of stock at $10.00 per share. Calculate its current NAV if the fund consists of the following four stocks. If the Micro mutual fund was originated by selling $250,000 of stock at $10.00 per share. Calculate its current NAV if the fund consists of the following four stocks. A) $5.78 B) $10.00 C) $12.43 D) $16.11 E) $19.21


A) $5.78
B) $10.00
C) $12.43
D) $16.11
E) $19.21

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