A Mutual Fund Had Year-End Assets of $750,000,000 and Liabilities

question 52

Multiple Choice

A mutual fund had year-end assets of $750,000,000 and liabilities of $7,500,000.There were 40,000,000 shares in the fund at year-end.What was the mutual fund's Net Asset Value?

• A)$9.63
• B)$18.56
• C)$16.42
• D)$17.87
• E)$17.26

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An individual's subjective evaluation of their own worth or value.

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