The Neptune Value Fund has sold 150,000 shares to investors. Currently the fund has accrued investment management fee obligations of $50,000. The fund's portfolio is shown below. Calculate the fund's net asset value.
Stock A $50,000 $10 per share
Stock B $20,000 $7 per share
Stock C $35,000 $30 per share
Stock D $10,000 $100 per share© BrainMass Inc. brainmass.com June 3, 2020, 9:35 pm ad1c9bdddf
As per investopedia: In terms of corporate valuations, the value of assets less liabilities ...
This solution provides assistance in the computation of fund's net asset value.