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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?

asked
User IShader
by
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2 Answers

2 votes

Answer:

C.) $8.00

Step-by-step explanation:

100% on edge 2020

answered
User Icfantv
by
7.9k points
4 votes
The correct answer for this question is this one: "c. $8.00 "A mutual fund has total assets of 2.4 million dollars and 300,000 shares. The net asset value of one share of the fund is $8.00Hope this helps answer your question and have a nice day ahead.
There exists the same question from other source with the following choices:
a. $0.08
b. $0.80
c. $8.00
d. $80.00
answered
User Thule
by
8.4k points

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