Calculate the NAV of the following fund if 5,000,000 shares are outstanding. Assuming you bought shares in
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Calculate the NAV of the following fund if 5,000,000 shares are outstanding. Assuming you bought shares in this fund a year ago at $5.06, determine the yield on your investment.
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Stock (at current market value) Bonds (at current market value) Cash Total value of assets Liabilities Net worth $15,000,000 $12,000,000 $800,000 $27,800,000 - $200,000 $27,600,000
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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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