On January 2nd, the prices at 4:00 p.m. are as follows: Calculate the net asset value (NAV)
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Calculate the net asset value (NAV) for the fund.
Transcribed Image Text:
Price Stock Shares owned $2.03 1,000 5,000 $51.37 $29.08 2,800 10,000 $67.19 4 $4.42 3,000 $2,408.00 Cash n.a.
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Related Book For
Financial Markets and Institutions
ISBN: 978-0133423624
8th edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
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