Question: Question 19 2 pts The Capitalist Mutual Fund's portfolio is valued at $40 million. The fund has liabilities of $2 million, and the investment company

 Question 19 2 pts The Capitalist Mutual Fund's portfolio is valued

Question 19 2 pts The Capitalist Mutual Fund's portfolio is valued at $40 million. The fund has liabilities of $2 million, and the investment company sponsoring the fund has issued 1,250,000 shares. What is the fund's net asset value? $1.00 $30.40 $200.00 $20.00 $12.50

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