If the total market value of an open-end mutual fund is $2,500 and there are 100 shares

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If the total market value of an open-end mutual fund is $2,500 and there are 100 shares outstanding at the end of trading on Monday, what would the NAV of the fund be?

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Money, Banking, Financial Markets and Institutions

ISBN: 978-0538748575

1st edition

Authors: Michael Brandl

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Question Posted: Jun 21, 2019 07:48 AM

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If the total market value of an open-end mutual fund is $2,500 and there are 100 shares

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Money, Banking, Financial Markets and Institutions

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