ABC Fund has 10 million shares outstanding. The fund's portfolio is now valued at $800 million and

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ABC Fund has 10 million shares outstanding. The fund's portfolio is now valued at $800 million and the fund owes $50 million to fund advisors and $10 million for rent and wages.

What is the net asset value of the fund?

Related Book For answer-question

Advanced Accounting

ISBN: 978-1118037911

1st Canadian Edition

Authors: Gail Fayerman

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Posted Date: Jun 13, 2023 02:35 AM

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ABC Fund has 10 million shares outstanding. The fund's portfolio is now valued at $800 million and

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To calculate the net asset value NAV of the fund w... View the full answer

Advanced Accounting

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