Growth Fund Had Year-End Assets of $862,000,000 and Liabilities of $12,000,000

question 14

Multiple Choice

Growth Fund had year-end assets of $862,000,000 and liabilities of $12,000,000. There were 32,675,254 shares in the fund at year end. What was Growth Fund's net asset value?

• A) $28.17
• B) $25.24
• C) $19.62
• D) $26.01
• E) $21.56

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Definitions:

Leaders

Individuals who guide, influence, or command groups, organizations, or countries.

Situational Leadership Theory

A leadership model that proposes the effectiveness of a leadership style is contingent upon the readiness or developmental level of the leader's followers.

Group's Stage

Refers to the phases or periods that a group goes through during its development, often including forming, storming, norming, performing, and adjourning stages.

Agreeability

A personality trait characterized by cooperativeness, friendliness, and compassion towards others.