Assume that a no - load, open - end mutual fund holds securities with a total market

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Question:

Assume that a no

-

load, open

-

end mutual fund holds securities with a total market value of $

12

million, has no liability and has

500, 000

shares outstanding.

Calculate the net asset value per share of this fund.

Related Book For answer-question

Investment Analysis and Portfolio Management

ISBN: 978-0538482387

10th Edition

Authors: Frank K. Reilly, Keith C. Brown

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Posted Date: Apr 30, 2024 06:22 AM

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Assume that a no - load, open - end mutual fund holds securities with a total market

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Investment Analysis and Portfolio Management

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