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

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Definitions:

Social Construction

The idea that the characteristics, meanings, and values ascribed to people, objects, or concepts are created through social interactions and agreements.

Reconstructed

Referring to something that has been built or formed again, especially after being damaged or destroyed.

Industrial Capitalism

An economic system characterized by private ownership of production means, where industrial production and capital accumulation are central to wealth creation.

Racialized Institution

An organization or structure in society that perpetuates racial distinctions and hierarchies, often through its policies, practices, or cultural norms.