What is the nav in january 2004

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On January 1, 2004, ChigaBiga Fund - an all-equity mutual fund - was established. At that time, funds collected were used to purchase the following securities: 

 

 

01/01/2004

31/12/04

securities

#Shares

price

price

A

250000

10.75

11.55

B

150000

15.75

14.25

C

210000

32.25

32.5

ChigaBiga issued 5 million shares (or units) to investors. What is the NAV in January 2004?

Reference no: EM133109542

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