You are given the following information: New Empire Small-Cap Fund Total assets $ 924 million Total liabilities
Fantastic news! We've Found the answer you've been seeking!
Question:
You are given the following information:
New Empire Small-Cap Fund | ||
Total assets | $ 924 | million |
---|---|---|
Total liabilities | $ 20 | million |
Total number of shares | 60 | million |
Calculate the net asset value for the New Empire small-cap mutual fund.
Note: Round your answer to 2 decimal places.
Related Book For
Posted Date: