The information in the table applies to the day of investment in a mutual fund. Find (a) the net asset value and (b) the number of shares purchased. What is the net asset value? Round to the nearest cent.) How many shares were purchased? Round to the nearest whole number.) Amount Invested. Total Fund Assets Total Fund Liabilities Total Shares Outstanding $4000 $908 million $48 million 80 million

Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter3: Data Visualization
Section: Chapter Questions
Problem 6P: The file MutualFunds contains a data set with information for 45 mutual funds that are part of the...
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K
The information in the table applies to the day of investment in a mutual fund. Find (a) the net asset
value and (b) the number of shares purchased.
What is the net asset value?
$
(Round to the nearest cent.)
How many shares were purchased?
(Round to the nearest whole number.)
Amount Invested
Total Fund Assets
Total Fund Liabilities
Total Shares Outstanding
$4000
$908 million
$48 million
80 million
Transcribed Image Text:K The information in the table applies to the day of investment in a mutual fund. Find (a) the net asset value and (b) the number of shares purchased. What is the net asset value? $ (Round to the nearest cent.) How many shares were purchased? (Round to the nearest whole number.) Amount Invested Total Fund Assets Total Fund Liabilities Total Shares Outstanding $4000 $908 million $48 million 80 million
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