The Capitalist Mutual Fund's Net Asset Value Is $25

question 11

Multiple Choice

The Capitalist Mutual Fund's net asset value is $25.The fund has liabilities of $2.5 million and 1,500,000 shares have been issued.What is the value of the fund's portfolio?

• A)$25 million
• B)$40 million
• C)$50 million
• D)$37 million
• E)$15 million

---

Definitions:

Email

A method of exchanging digital messages over the Internet, used for both personal and professional communication.

Purpose

The intention or objective behind an action, plan, or piece of work, why something is done or created.

Audience Needs

The requirements or expectations of the audience that need to be met for effective communication.

Word 2010

Word 2010 refers to a version of Microsoft Word, part of the Microsoft Office suite, which includes enhanced features for document creation and editing.