The Investments in the Already Been Counted Fund Have a Current

question 36

Multiple Choice

The investments in the Already Been Counted Fund have a current market value of $600 million. The fund also has liabilities that total $40 million. If this mutual fund has 25 million shares, what is the net asset value per share?

• A) $1.60.
• B) $22.40.
• C) $24.00.
• D) $25.60.
• E) None of these.

---

Definitions:

Interest Group

An organization or group of people that seeks to influence public policy and decision-making to further their common interests or goals.

Money Circulation

The movement of currency and other forms of money as it is exchanged and used within an economy.