Author Question: Suppose you own a mutual fund that has 10,500,525 shares outstanding. If its total assets are ... (Read 40 times)

maychende · **on:** Jun 24, 2018

Suppose you own a mutual fund that has 10,500,525 shares outstanding. If its total assets are 37,500,020 and its liabilities are 12,375,375, find the net asset value of the fund.
A) 3.20
B) 2.39
C) 3.71
D) 3.05

Question 2

What is the maturity date on a loan for 6,800 at 16.2 ordinary interest, taken out on April 4? The amount of interest on the loan was 183.60.