The composition of the Fingroup Fund portfolio is as follows:
Stock Shares Price
A 200,0...
Business, 11.02.2020 19:47 starboy3506
The composition of the Fingroup Fund portfolio is as follows:
Stock Shares Price
A 200,000 $35
B 300,000 40
C 400,000 20
D 600,000 25
The fund has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $30,000. There are 4 million shares outstanding. What is the net asset value of the fund?
Answers: 1
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