5-54 an Open-Ended Fund Has Stocks of Three Companies: 200

question 104

Multiple Choice

5-54 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?

• A)$30.00.
• B)$60.00.
• C)$120.00.
• D)$12.00.
• E)$37.50.

Understand the role and location of hyaline cartilage in bone development and structure.

Understand the impact of independent pricing decisions on supply chain profit.

Calculate optimal order quantities and analyze inventory levels in supply chain scenarios.

Comprehend the objective of trade promotions in supply chains.

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Definitions:

Option Contract

A financial contract granting the buyer the right, but not the obligation, to buy or sell an asset at a set price on or before a certain date.

Conversion Warrant

A conversion warrant is a financial derivative that gives the holder the right, but not the obligation, to convert the warrant into the underlying company's stock at a specific price before expiration.

Strike Price

The set price at which the holder of an options contract can buy (call option) or sell (put option) the underlying asset.

Risk-Free Rate

The theoretical rate of return on an investment with zero risk, often represented by government bonds.