Creviston Mutual Fund,a Load Fund,holds Securities Valued at $90,000,000 on August

question 62

Essay

Creviston Mutual Fund,a load fund,holds securities valued at $90,000,000 on August 30.The fund had liabilities of $2,000,000 and 4,800,000 shares outstanding.Calculate the net asset value per share on this day.(Show all work. )

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Definitions:

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The process by which plants manufacture their own food, primarily through photosynthesis, contributing to the ecosystem's productivity.

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The cost per unit of gasoline, influenced by factors such as crude oil prices, taxes, demand, and supply.

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Sunk Cost

A cost that has already been incurred and cannot be recovered.