Calculate the net asset value (NAV) of a fund
Not what you're looking for?
See attached file.
On January 2, the prices at 4:00pm are as follows:
1.Calculate the net asset value(NAV) for the fund.
2. Assume the new investor then sells 420 shares. What is his profit? What is the annualized return? The fund sells 800 shares of stock 4 to raise the needed funds. Assume 250 trading days per year.
Purchase this Solution
Solution Summary
The solution shows the calculation to arrive at the correct answers.
Purchase this Solution
Free BrainMass Quizzes
Transformational Leadership
This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.
Motivation
This tests some key elements of major motivation theories.
Social Media: Pinterest
This quiz introduces basic concepts of Pinterest social media
Operations Management
This quiz tests a student's knowledge about Operations Management
Lean your Process
This quiz will help you understand the basic concepts of Lean.