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Business, 26.12.2019 01:31 arodriguez395

The new american enterprise mutual fund's portfolio is valued at $120,000,000. the fund has liabilities of $4,000,000, and the investment company sponsoring the fund has issued 5,800,000 shares. what is the fund's net asset value?

a. $120
b. $58
c. $40
d. $30
e. $20

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The new american enterprise mutual fund's portfolio is valued at $120,000,000. the fund has liabilit...
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