The Flash Fund owns 4,000 of GM and 8,000 shares of Microsoft. GM's price is $20 and Microsoft's is $25. If the fund has 5,000 shares outstanding, its NAV per share is
A)
$90.00.
B)
$93.33.
C)
$66.00.
D)
$56.00.
D
Business
You might also like to view...
The global economic crisis of 2009 had little effect on the volume of world trade that year
Indicate whether the statement is true or false
Business
In new product buying, the users are often the ________
A) monitors B) influencers C) gatekeepers D) deciders E) primary advertisers
Business