Assume that the Titan Fund has a portfolio of stocks valued on a given day at $50,000,000.

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Assume that the Titan Fund has a portfolio of stocks valued on a given day at $50,000,000. Its liabilities are $500,000, and shareholders of this fund own five million shares. The NAV is

NAV = $50,000,000-$500,000 5,000,000 = $9.90

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Investments Analysis And Management

ISBN: 9781118975589

13th Edition

Authors: Charles P. Jones, Gerald R. Jensen

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Question Posted: Dec 24, 2023 01:51 AM

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Assume that the Titan Fund has a portfolio of stocks valued on a given day at $50,000,000.

Question:

NAV = $50,000,000-$500,000 5,000,000 = $9.90

Step by Step Answer:

The Net Asset Value NAV of the Titan Fund can be calculated by d...View the full answer

Investments Analysis And Management

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