Question: Problem 4-5 NAV (LO2, CFA3) : An open-end mutual fund has the following stocks: Stock A Shares 10,000 33,000 10,000 71,000 Stock Price $ 90

Problem 4-5 NAV (LO2, CFA3) : An open-end mutual fund has

Problem 4-5 NAV (LO2, CFA3) : An open-end mutual fund has the following stocks: Stock A Shares 10,000 33,000 10,000 71,000 Stock Price $ 90 19 73 14 : If there are 58,000 shares of the mutual fund, what is the NAV? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Net asset value

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Recalculate in Research & Development Teamname: Andrews SimID: C121835_071 Round: 2 Year: 2022 Draft saved at Sep 21, 2020 04:17PM PDT Perceptual Map (at end of this year) Name Pfmn Size MTBF...

You helped me a couple of weeks ago. I was wondering if i could setup a time for tomorrow that you could be available to help me with some questions. I will pay $20 per question. They are short and I...

WACC Use the following information to answer the following questions. The risk-free rate is 2.00%, the market return rate is 8.50%, and Campbells's beta is 0.51. a.) What is Campbell's weighted...

I am unsure how to fill out the charts please help. The first 6 charts. Wherever there are green boxes is where numbers are inserted. The reat of the charts are there to help. Please let me know if...

sell Neview ACIONAL Sllale Insert X LO Arial 8 A Y o Accounting Wrap Text Es Merge & Center 2X Delete Paste BIU a-A- 40.00 $ %) -20 y Ideas Sensitivity Format Conditional Format as Cell Formatting...

Economic Value Added and ROIC a.) Using 2021 data and the calculated WACC in 2a did Campbell add or detract value using the Economic Value Added criteria? b.) How does the Return on Invested Capital...

I need help with round 1 of CAPSIM COMP-Xm exam. Round 0 Inquirer Research & Development DRAFT SAVED AT Apr 11, 2020 10 CAM MOT Perceptual map ( end of this year) Decisions Name New Pfmn New Size...

Dividends, Payout Ratio and Stock Repurchases a.) What was Campbell's dividend payout ratio and retention ratio for each of the last five years (2017-2021) b.) What is the total cumulative common...

Read this guide for help: https://downstream-to-capsim-customers.s3.amazonaws.com/production/resources/Comp_XM/pdf/Comp-XM_Examination_Guide.pdf Please help me make decisions in Capsim for research...

I would like to know if someone can assist with inputting the formulas into the Excel spreadsheets..... Answers are provided, however, the formulas were omitted. Week 9 Chapter 21: Problems 3(a-e),...

To encourage subjects to make honest responses on sensitive questions, the method of randomized response is often used. Lets use your class to estimate the proportion that have had alcohol at a...

In the spring of 2022, you and your family were looking for the house of your dreams. Given your household income and your expenses, you determined that you could afford to pay $1,200 for a monthly...

BE13.14 (LO 3) Refer to the note issued by Coldwell AG in BE13.9. During 2025, Coldwell experiences financial difficulties. On January 1, 2026, Coldwell negotiates a settlement of the note by issuing...

last two options for the multiple choice are : performance management development A construction equipment manufacturer, Roswell Corporation, is focusing on becoming a leader in sustainability in...

Explain why each of these statements is not an effective way to convey the negative message: (Objective 4) a. I am sorry I must refuse your request. b. Therefore, following company policy seems to be...

You have been invited to speak at a campaign kick-off reception for Bob Baffle, a candidate for mayor in your city. Bob is a friend of yours, and you plan to support his candidacy. However, the date...

You own Clean Mist Carpets, a company that uses a chemical process for cleaning carpets and removing stains.You do not guarantee success but have a good reputation for stain removal. Mr. and Mrs....