The All-Star Basic Value Fund's portfolio is valued at $315.2 million. The fund has liabilities...
90.2K
Verified Solution
Link Copied!
Question
Finance
The All-Star Basic Value Fund's portfolio is valued at $315.2 million. The fund has liabilities of $6.4 million, and the investment company sponsoring the fund has issued 16,600,000 shares. What is the fund's net asset value (NAV)? (Round your answer to 2 decimal places.) Multiple Choice $16.50 NAV per share O $19.37 NAV per share $33.49 NAV per share $18.60 NAV per share $16.60 NAV per share
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.