You are given the following information: Boston Equity Mutual Fund Total assets $ 904 million Total liabilities $ 9 million Total number of shares 42 million Calculate the net asset value for the Boston Equity mutual fund. Note: Round your answer to 2 decimal places.

You are given the following information: Boston Equity Mutual Fund Total assets $ 904 million Total liabilities $ 9 million Total number of shares 42 million Calculate the net asset value for the Boston Equity mutual fund. Note: Round your answer to 2 decimal places.

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

Chapter2: Descriptive Statistics

Section: Chapter Questions

Problem 17P: Suppose that you initially invested 10,000 in the Stivers mutual fund and 5,000 in the Trippi mutual...

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Question

You are given the following information:

Boston Equity Mutual Fund
Total assets	$ 904	million
Total liabilities	$ 9	million
Total number of shares	42	million

Calculate the net asset value for the Boston Equity mutual fund.

Note: Round your answer to 2 decimal places.

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