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A mutual fund has total assets of 2.4 million dollars and 300,000 shares. What is the net asset valu...
4 months ago
Q:
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. $80.00
Accepted Solution
A:
I believe the answer is c. $8. 00