1. Calculate NAV of a fund: 1,000,000 shares of Microsoft @ 56 Commissions, broker and transaction fees...
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Question:
1. Calculate NAV of a fund:
1,000,000 shares of Microsoft @ 56
Commissions, broker and transaction fees $1,200,000
Total shares: 2,500,000
NAV=?
2. According to answer on question 1, what is the holding period return if the price of Microsoft goes to 58?
HPR=?
Related Book For
Introduction To Corporate Finance
ISBN: 9781118300763
3rd Edition
Authors: Laurence Booth, Sean Cleary
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