Pinnacle Fund Had Year-End Assets of $825,000,000 and Liabilities of $25,000,000.If

question 33

Multiple Choice

Pinnacle Fund had year-end assets of $825,000,000 and liabilities of $25,000,000.If Pinnacle's NAV was $32.18,how many shares must have been held in the fund?

• A) 21,619,346.92
• B) 22,930,546.28
• C) 24,860,161.59
• D) 25,693,645.25
• E) 26,124,567.73

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