b. Healthy Foods Mutual Fund has total assets of $80,000,000 and total liabilities of 12,000,000, and the fund has sold 4,700,000 shares. What is the NAV for Healthy Foods Mutual Funds? c. Maryanne is a fund manager for Hawaiian Foods Value Fund B. The fund has $42,000,000 in total assets, $10,000,000 total liabilities, and 2,750,000 outstanding shares. What is the NAV for Hawaiian Foods Value
b. Healthy Foods Mutual Fund has total assets of $80,000,000 and total liabilities of 12,000,000, and the fund has sold 4,700,000 shares. What is the NAV for Healthy Foods Mutual Funds? c. Maryanne is a fund manager for Hawaiian Foods Value Fund B. The fund has $42,000,000 in total assets, $10,000,000 total liabilities, and 2,750,000 outstanding shares. What is the NAV for Hawaiian Foods Value
Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter13: Investing In Mutual Funds, Etfs, And Real Estate
Section: Chapter Questions
Problem 2FPE
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