The mutual fund has issued 8000 units It owes 150000 to its CA; 300000 to the Fund

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The mutual fund has issued 8000 units It owes 150000 to its CA; 300000 to the Fund manager; and 200000 to the transfer agent What is the NAV? Show your calculations.

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Financial Markets and Institutions

ISBN: 978-0077861667

6th edition

Authors: Anthony Saunders, Marcia Cornett

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Posted Date: Mar 09, 2024 10:58 PM

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The mutual fund has issued 8000 units It owes 150000 to its CA; 300000 to the Fund

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Ans To calculate the Net Asset Value NAV of the mutual fund we need to follow these ste... View the full answer

Financial Markets and Institutions

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