A Mutual Fund Has Total Net Assets of $3

question 42

Multiple Choice

A mutual fund has total net assets of $3.2 million and 150,000 shares. What as the NAV of the fund?

• A) $21.20
• B) $21.33
• C) $21.67
• D) $21.89
• E) $21.97

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Definitions:

Muslim HRM Systems

Human Resource Management practices and principles that are designed to be compatible with Islamic laws and cultural contexts.

Employee Grievances

Complaints or concerns raised by employees regarding workplace conditions or unfair treatment.

Due Process

The fair treatment through the normal judicial system, especially as a citizen's entitlement.

Home Work Programs

Initiatives allowing employees to perform their job duties from a home environment, fostering flexibility and work-life balance.