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shepherd shepherd
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8 years ago
A mutual fund has a beginning balance of $100 million, earns interest of $10 million, receives dividends of $15 million, and has expenses of $5 million. If 10 million shares are outstanding, what is the NAV?
A) $10.50       B) $12.00      C) $11.00      D) $12.50
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Personal Finance

Personal Finance


Edition: 5th
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tityltityl
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8 years ago
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shepherd Author
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#2
8 years ago
Thank you, this is brilliant Smiling Face with Open Mouth
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#3
8 years ago
Let me know if you need anymore help
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