A mutual fund has total assets of $39,333,444 and liabilities of $6,753,789. If there are 11,521,000 shares outstanding, what is the net asset value of the fund? $3.02 $3.85 $2.83 $2.16
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A mutual fund has total assets of $39,333,444 and liabilities of $6,753,789. If there are 11,521,000 shares
outstanding, what is the net asset value of the fund?
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- Suppose that you initially invested 10,000 in the Stivers mutual fund and 5,000 in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided in the table: Which of the two mutual funds performed better over this time period?The Western Capital Growth mutual fund has: Total assets $ 804,500,000 Total liabilities $ 3,300,000 Total number of shares 40,000,000 What is the fund's net asset value (NAV) per share?A mutual fund has total assets of $40,000,000 and total liabilities of $3,000,000. There are 1,800,000 shares outstanding. Find the net asset value of the mutual fund. (Round your answer to the nearest cent.)
- Suppose you own a mutual fund that has 10,311,515 shares outstanding. If its total assets are $36,600,019 and its liabilities are $12,350,624, find the net asset value of the fund.The western capital growth mutual fund has Total assets 812,000,000 Total liabilities 12,000,000 Total number of shares 40,000,000 What is the funds net asset value (NAV)?A mutual fund has assets of $50 million and liabilities of $150000 and 1 million shares outstanding.What Is the net asset value for the fund?Enter your answer to the nearest cent( two decimal places)
- A mutual fund has assets of $50 million, liabilities of $150000 million and 1 million shares what is the net asset value(NAV) of the fund?Enter the answer to the nearest cent(two decimals)Consider a no-load mutual fund with $457 million in assets and 12 million shares at the start of the year, and $520 million in assets and 13.21 million shares at the end of the year. During the year investors have received income distributions of $2.25 per share, and capital gains distributions of $1.57 per share. Assume that the fund carries no debt. What is the NAV at the START of the year? Group of answer choices 36.11 33.07 39.47 38.08 37.78Consider a no-load mutual fund with $457 million in assets and 12 million shares at the start of the year, and $520 million in assets and 13.21 million shares at the end of the year. During the year investors have received income distributions of $2.25 per share, and capital gains distributions of $1.57 per share. Assume that the fund carries no debt. What is the NAV at the END of the year? Group of answer choices 39.36 37.97 38.65 43.65 33.34
- Consider the following trading and performance data for four different equity mutual funds: Fund W Fund x Fund y Fund z Assets under Management, $284.4 $662.1 $1,286.4 $5,564.6 Avg. for Past 12 months (mil) Security Sales, $44.6 $566.1 $1,455.6 $438.8 Past 12 months (mil) Expense Ratio 0.33% 0.75% 1.19% 0.24% Pretax Return, 3-year avg. 9.85% 10.65% 10.44% 9.73% Tax-adjusted Return, 3-year avg. 8.84% 8.84% 9.10% 9.04% Calculate the portfolio turnover ratio for each fund. Do not round intermediate calculations. Round your answers to two decimal places. Fund W: % Fund X: % Fund Y: % Fund Z: %Calculate the NAV for a mutual fund with the following values: Market value of securities held in the portfolio = $1.2 billion Liabilities of the fund = $47 million Shares outstanding = 70 million The NAV per share is ?Suppose you own a mutual fund which has 11,000,000 shares outstanding. If its total assets are $44,000,000 and its liabilities are $7,000,000, find the net asset value (in $) of the fund. Round to the nearest cent. $