Calculate the net asset value (in $) and number of shares purchased for the mutual fund. Round shares to thousandths (three decimal places). Total Assets $25,000,000 Total Liabilities $6,700,000 Shares Outstanding 2,000,000 Net Asset Value $18,300 X Offer Price $9.96 Total Investment $8,000 Shares Purchased 803 X

Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter3: Data Visualization
Section: Chapter Questions
Problem 6P: The file MutualFunds contains a data set with information for 45 mutual funds that are part of the...
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Calculate the net asset value (in $) and number of shares purchased for the mutual fund. Round shares to thousandths (three decimal
places).
Total
Assets
$25,000,000
Total
Liabilities
$6,700,000
Shares
Outstanding
2,000,000
SA
Net Asset
Value
18,300
X
Offer
Price
$9.96
Total
Investment
$8,000
Shares
Purchased
803
X
Transcribed Image Text:Calculate the net asset value (in $) and number of shares purchased for the mutual fund. Round shares to thousandths (three decimal places). Total Assets $25,000,000 Total Liabilities $6,700,000 Shares Outstanding 2,000,000 SA Net Asset Value 18,300 X Offer Price $9.96 Total Investment $8,000 Shares Purchased 803 X
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