Calculate the NAV of the following fund, assuming 3,500 shares are outstanding. Calculate the percentage change in
Question:
Calculate the NAV of the following fund, assuming 3,500 shares are outstanding. Calculate the percentage change in the NAV of the fund if stock C climbs to $33.41.
Transcribed Image Text:
Stock A B с Cash Shares owned 500 6,000 3,000 n.a. Price $5.74 $65.10 $12.04 $4,368.40
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To calculate the Net Asset Value NAV of the fund you need to sum up the value of all the assets stoc...View the full answer
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Related Book For
Financial Markets And Institutions
ISBN: 9781292215006
9th Global Edition
Authors: Stanley Eakins Frederic Mishkin
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