What is the net asset value (NAV) for a mutual fund that has assets totaling $730 million,

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What is the net asset value (NAV) for a mutual fund that has assets totaling $730 million, liabilities totaling $10 million, and 24 million shares outstanding?

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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 22, 2018 08:42 AM

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What is the net asset value (NAV) for a mutual fund that has assets totaling $730 million,

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