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A mutual fund has total assets of 2. 4 million dollars and 300,000 shares. What is the net asset value of one share of the fund? a. $0. 08 b. $0. 80 c. $8. 00 d. $80. 0.
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A mutual fund has total assets of 2. 4 million dollars and 300,000 shares. What is the net asset value of one share of the fund? a. $0. 08 b. $0. 80 c. $8. 00 d. $80. 0.
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Dec 28, 2024
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A mutual fund has total assets of 2. 4 million dollars and 300,000 shares. What is the net asset value of one share of the fund? a. $0. 08 b. $0. 80 c. $8. 00 d. $80. 0.
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I believe the answer is C. $8.00
Jan Matousek
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