Stock Shares Stock Price $94 8,000 33,000 C 4,600 80,500 81 12 If there are 54,000 shares of the mutual fund, what is the NAV? (Round your 2 decimal places. Omit the "$" sign in your response.) Net asset value 24 43.60

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
ChapterA2: Investments
Section: Chapter Questions
Problem 10MCQ
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M1
Stock Shares Stock Price
8,000
33,000
4,600
80,500
$94
8.
81
12
A
D
If there are 54,000 shares of the mutual fund, what is the NAV? (Round your
2 decimal places. Omit the "$" sign in your response.)
Net asset value
$.
43.60
Transcribed Image Text:Stock Shares Stock Price 8,000 33,000 4,600 80,500 $94 8. 81 12 A D If there are 54,000 shares of the mutual fund, what is the NAV? (Round your 2 decimal places. Omit the "$" sign in your response.) Net asset value $. 43.60
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