Growth Fund had year-end assets of $882,000,000 and liabilities of $16,000,000. The fund has invested 77,828,145 shares in BHP, Wespac and Woolworth. There were 33,686,276 shares issued by the fund at year end. What was Growth Fund's net asset value?

Answer rating: 100% (QA)

The net asset value NAV of a fund is calculated by ... View the full answer