Assume that you have just purchased some shares in an investment company reporting $500 million in assets, $50 million in liabilities, and 50 million shares outstanding. What is the net asset value (NAV) of these shares?

Name: Assume that you have just purchased some shares in an investment company reporting $500 million in assets, $50 million in liabilities, and 50 million shares outstanding. What is the net asset value (NAV) of these shares?
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Question

Quizplus · Accepted Answer

NAV = ($500 - $50)/50 = $9

Assume That You Have Just Purchased Some Shares in an Investment