Question: 11 Bond prices move in the same direction as interest rates: T F 12 A mutual fund has $ 990 million in assets and $

11 Bond prices move in the same direction as interest rates: T F 12 A mutual fund has $ 990 million in assets and $ 110 million in accrued liabilities. There are 9.7 million shares outstanding. Calculate the net asset value (NAV): $ 13 You invested in a mutual fund at its NAV of $79.00. The fund distributes $2.60 per share. The NAV rises to $93.75, at which time you redeem the shares. Calculate the percentage return on your investment: Please give your answer to 2 decimals.: % 14 A high Accounts Receivable amount on a company's Balance Sheet is always a positive element in determining the financial health of the company: T F
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