Actinver closed-end fund has the following stocks in its portfolio: 300 shares of Apple priced...
50.1K
Verified Solution
Question
Finance
Actinver closed-end fund has the following stocks in its portfolio: 300 shares of Apple priced at $30 and 300 shares of Microsoft priced at $60. It has a total of 500 shares outstanding. The Mexico Fund, Inc. has invested in 200 out of these 500 outstanding shares of Activner. Moreover, The Mexico Fund, Inc. also has 50 shares of Tesla priced at $200 and 100 shares of SLV priced at $25. If the fund has 2000 outstanding shares, what is the NAV of Actinver and The Mexico Fund, Inc.?
A
$27.00, $8.95
B
$54.00, $8.95
C
$27.00, $6.25
D
$54.00, $11.65
E
$54.00, $6.25
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.