The Western Capital Growth mutual fund has Total assets: $750,000,000 Total liabilities: $7,200,000 Total number of shares:

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The Western Capital Growth mutual fund has

Total assets: $750,000,000

Total liabilities: $7,200,000

Total number of shares: 24,000,000

What is the fund’s net asset value (NAV)?

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Focus On Personal Finance

ISBN: 9780077861742

5th Edition

Authors: Jack R. Kapoor, Les R. Dlabay Professor, Robert J. Hughes, Melissa Hart

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Question Posted: Nov 20, 2018 12:26 PM

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The Western Capital Growth mutual fund has Total assets: $750,000,000 Total liabilities: $7,200,000 Total number of shares:

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The net asset value per share is equal to the current market val...View the full answer

Focus On Personal Finance

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