Business, 21.02.2020 03:24, jayjinks976

Assume that you have just purchased some shares in an investment company reporting $500 million in assets, $50 million in liabilities, and 50 million shares outstanding. What is the net asset value (NAV) of these shares? A. $12 B. $9 C. $10 D. $1

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Assume that you have just purchased some shares in an investment company reporting $500 million in a...