Suppose you own a mutual fund, which has 17,000,000 shares outstanding. If the total assets are $38,000,000 and it’s liabilities are $7,000,000 find the net asset value In $ for the fund round to the nearest cent 

Q: A year​ ago, an investor bought 400 shares of a mutual fund at ​$7.52 per share. This​ year, the…

A: Given: Particulars Amount Number of shares 400 Price per share $7.52 Dividend $0.77…

Q: . If there are 30 million shares outstanding, what is the net asset value?   b-1. If a large…

A: We can determine the NAV using the formula below: NAV = Portfolio Value - LiabilitiesNumber of…

Q: Suppose today a mutual fund contains 2,000 shares of JPMorgan Chase, currently trading at $67.75,…

A: NAV = Total assets - Total external liabilities )  / Total no. of units.=…

Q: Consider a no-load mutual fund with $200 million in assets and 11 million shares at the start of the…

A: Total assets at the start of year=$200 millionTotal assets at the end of year=$410 millionNumber of…

Q: The information in the table applies to the day of investment in a mutual fund. Find (a) the net…

A: Investment: $6,400Fund assets: $925 millionFund liabilities: $41 millionShare outstanding: 40…

Q: Consider a mutual fund with $ 400 million in assets at the start of the year , and 12 million shares…

A: NAV = Mutual fund value / Outstanding share   Return = [ NAV1 - NAV0 + Income Distributions +…

Q: The composition of the Fingroup Fund portfolio is as follows: Price $41 35 Stock B C D Shares…

A: Total Assets = (Number of shares of Stock A × Price of Stock A) + (Number of Shares of Stock B ×…

Q: What is the total gain of the company if the mutual fund’s net asset value is at P30 and the fund…

A: The process where a large amount of money is received from various interested investors, Once the…

Q: Consider an open-end mutual fund with 2 million shares outstanding, liabilities of $5 million, and…

A: Net Asset Value= Market Value of Assets - Liabilities

Q: An Investment fund has $2 million in cash and $8 million Invested in securities. It currently has 2…

A: Current NAV = Total Assets / Number of shares outstanding Total Asset = 8 million + 2 million = 10…

Q: Calculate the premium or discount percentage on the fund, if the fund has total assets of $830…

A: The share is said to be trading at premium, if the face value of the share is less than the market…

Q: onsider a no-load mutual fund with $457 million in assets and 12 million shares at the start of the…

A: …

Q: NAV = $40/share but will change if the market price of the stocks change

A: A mutual fund refers to the pool of money where the public invests their money and that money is…

Q: A mutual fund has total assets of $45,000,000 and total liabilities of $4,000,000. There are…

A: Solution:- Net Asset Value (NAV) of mutual fund means per unit net value of each unit. NAV = (Total…

Q: distribution during the past 12 months, and the market value of the fund is now $41.55. Calculate…

A:

Q: A year ago, an investor bought 200 shares of a mutual fund at $9.50 per share. Over the past year,…

A: HPR=​

Q: An investor has $80,000 to invest in a CD and a mutual fund. The CD yields 8% and the mutual fund…

A: Mutual Fund is a trust which pools money from small investors and put together that money in…

Q: A mutual fund has an offer price of $14.06. If you invested a lump sum of $14,000, how many shares…

A: The mutual fund represents the fund that is invested in various commodities in the market i.e.,…

Q: A mutual fund has a NAV of $20 per share, if you invest $10,000 into this no load mutual fund you…

A: A mutual fund is an investment avenue that provides investment opportunities to individual investors…

Q: 3. The composition of a "BestFund" is as follows: Shares Share price 200,000 300,000 400,000 600,000…

A: Net asset value - The net asset value is the value that is determined after deducting liabilities…

Q: Consider the following information and then calculate the required rate of return for the Global…

A: An investment fund is like a portfolio. It holds more than one stock and hence its beta is computed…

Q: A mutual fund has $500 million worth of stock, $400,000 in cash, and $2 million in other assets. The…

A: Total fund assets- Stock= $500 million Cash= $400,000 Other assets= $2 million Fund's total…

Q: Consider a no-load mutual fund with $457 million in assets and 12 million shares at the start of the…

A: The question is based on the concept of mutual fund

Q: A mutual fund has assets of $50 million, liabilities of $150000 million and 1 million shares what is…

A: NAV FORMULA: NAV=asset - liabiltiesnumber of outstanding shares

Q: A mutual fund has an offer price of $14.06. If you invested a lump sum of $18,000, how many shares…

A: Offer price is $14.06 Invested lumpsum amount is $18,000 To Find: Number of shares Purchased

Q: Calculate the net asset value per share (NAVPS) for a mutual fund with the following values. Market…

A:

Q: Bhupatbhai

A: The objective of the question is to calculate the Net Asset Value (NAV) of the fund, the number of…

Q: Calculate the NAV for a mutual fund with the following​ values:   Market value of securities held in…

A: The formula to compute net asset value as follows:

Q: Consider a no-load mutual fund with $440 million in assets and 20 million shares at the start of the…

A: The term net asset value or NAV is the worthiness per share of the securities of the mutual funds…

Q: If a mutual fund's net asset value is $23.70 and the fund sells its shares for $25.30, what is the…

A: NAV = $23.70 Selling Value =$25.30

Q: Suppose you are the money manager of a $4.72 million investment fund. The fund consists of four…

A: Portfolio Fund refers to basket of stocks of different class and risk out together to maximize…

Q: A mutual fund has a portfolio worth $3.2 million consisting of 50,000 shares of company "A" at a…

A: In finance, the term "portfolio" represents a collection of different investment securities such as…

Q: Suppose a mutal fund has total assets of $25500000 and liabilities of 2100000. Currently there are…

A: Given data; total assets = $25,500,000  Labilities = $ 2,100,000 shares outstanding = 10,200,000

Q: Suppose you are the money manager of a $4.98 million investment fund. The fund consists of four…

A: We need to calculate required rate of return by using CAPM below Required rate of return =Risk free…

Q: Cognana fund has 9.8 million shares outstanding. The fund’s portfolio is now valued at $500 million,…

A: Net asset value of a fund is popularly called as NAV. It is the per unit market value of all the…

Q: A mutual fund has 500 shares of General Electric, currently trading at $16, and 500 shares of…

A: Net Asset Value (NAV) is a key financial metric used in the context of investment funds, including…

Q: Suppose you are the money manager of a $4.4 million investment fund. The fund consists of four…

A: A portfolio is a group of different securities held together with the objective of maximizing higher…

Q: You have a mutual fund with $100 million worth of total assets which is calculated at the end of the…

A: Net Assets Value: It is generally computed to identify the potential investment opportunities within…

Q: The aqua liquid money market mutual fund has nav $1 per share. During the year asset held by the…

A: Mutual Fund NAV is $1 per share Invested amount is $30,000 (start of the year) Fund appreciation…