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An Open-Ended Fund Has Stocks of Three Companies: 200 Shares

question 2

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An open-ended fund has stocks of three companies: 200 shares of IBM currently valued at $50.00,100 shares of GE currently values at $20 and 100 shares of Digital currently valued at $30.The fund has 500 shares outstanding.What is the net asset value (NAV) of the fund?


Definitions:

Resources Used

The total inputs, including raw materials, labor, and capital, that are consumed in the production of goods and services.

Capital

Assets such as machinery, buildings, or technology used in the production of goods and services.

Labor

The human effort, both physical and mental, used in the production of goods and services.

Natural Resources

Materials or substances such as minerals, forests, water, and fertile land that occur in nature and can be used for economic gain.

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