On February 15, 2021, the market value of the investments contained in the Global Investment Fund, a mutual fund, was $15,100,000, Liabilities for the fund were $1.661,000 If the fund had 1,440,000 shares outstanding, calculate the net asset value per share. Round your answer to the nearest cent

On February 15, 2021, the market value of the investments contained in the Global Investment Fund, a mutual fund, was $15,100,000, Liabilities for the fund were $1.661,000 If the fund had 1,440,000 shares outstanding, calculate the net asset value per share. Round your answer to the nearest cent

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter7: Exponents And Exponential Functions

Section: Chapter Questions

Problem 68SGR

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Question

On February 15, 2021, the market value of the investments contained in the Global Investment Fund, a mutual fund, was $15,100,000, Liabilities for the fund

were $1.661,000

If the fund had 1,440,000 shares outstanding, calculate the net asset value per share. Round your answer to the nearest cent

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