The Blue Star Fund Has Assets with a Market Value

question 38

Multiple Choice

The Blue Star Fund has assets with a market value of $10.3 million and liabilities of $207,000. What is the net asset value if there are 175,000 shares outstanding?

• A) $54.87
• B) $56.00
• C) $57.67
• D) $58.18
• E) $59.25

---

Definitions:

Lost Profits

Lost profits refer to the income that a business could have earned but was unable to due to disruptions, such as competition or natural disasters.

Expected Success

The anticipation of achieving a favorable outcome in any given venture or activity, often quantified based on objective criteria or previous performances.

Representativeness

A cognitive bias in decision-making where an individual assesses the likelihood of an event by comparing it to an existing prototype in their mind.

Control Group

In experimental research, a group of subjects that does not receive the treatment or intervention being tested, used as a benchmark.