4. Currently ABC mutual funds portfolio worth RM500 million and its liabilities and shares outstanding...
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Accounting
4. Currently ABC mutual funds portfolio worth RM500 million and its liabilities and shares outstanding are RM10 million and 20 million. a) b) What is NAV fund? (2 marks) After a year, the fund is selling at 5% premium What is the rate of return during the year? (3 marks) Why some investors they are prefer to invest in mutual funds instead of other vehicle of investments? Discuss. (6 marks) c)
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