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Author Question: Suppose you own a mutual fund that has 10,500,525 shares outstanding. If its total assets are ... (Read 61 times)

maychende

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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.


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steff9894

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Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

3-Jun


maychende

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

atrochim

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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