Question: QUESTION 20 5 points save Answer Given the following information, calculate the net asset value for the New Empire small-cap mutual fund. Total assets $350,000,000

QUESTION 20 5 points save Answer Given the following information, calculate the net asset value for the New Empire small-cap mutual fund. Total assets $350,000,000 Total liabilities $10,000,000 Total number of shares 17,000,000 "he net asset value per share is equal to the current market value of the mutual funds portfolio minus the mutual fund's liabilities divided by the number of shares outstanding. Submit your final responses below. "he net asset value is $ per share QUESTION 22 Spoims Save Answer Assume that one year ago you bought 100 shares ofa mutual fund for $13.50 per share, you received a $0.42 per-share capital gain distribution during the past 12 months, and the market value of the fund is now $17. Ignoring tax, calculate the total return for this investment if you were to sell it now. Submit your final responses below to 2 decimal places. The total return for this investment is %

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