What is the nav of a fund share

Reference no: EM13284780

Kaushik Open Fund is an open end mutual fund that owns 650 share of IBM priced at $190 per share. The fund also owns 500 shares of GE priced at $23.50 per share, and 600 shares of Joy Global priced at $53.45 a share. It also owns 1,000 shares of facebook at $24 per share.

The fund itself has 1500 of its own shares outstanding. What is the NAV of a fund's share?

Reference no: EM13284780

Questions Cloud

Pressures tends to oppose filtration at bowmans capsule : Which of the following pressures tends to oppose filtration at Bowmans capsule?

Activities of competitors and the motivations of consumers : As we continue to explore the intricacies of marketing research, it becomes obvious that many processes & procedures are available. But I feel that no single research methodology can produce 100% accuracy in providing marketers with needed insight in..

How fast is the crate traveling when it hits the floor : A 60 kg crate is lowered using arope over a fixed support. The rope exerts a constant upward forceof 500 N.? How fast is the crate traveling when it hits the floor

Explain the soda was caffeine and not another substance : How could you be certain a peak in the soda was caffeine and not another substance with similar retention time

What is the nav of a fund share : The fund itself has 1500 of its own shares outstanding. What is the NAV of a fund's share?

Compute the magnitude of the external electric field : A spring with an unstrained length of 0.073 m and a spring constant of 2.2 N/m hangs vertically downward from the ceiling. What is the magnitude of the external electric field

Calculate the change in entropy of the boiling water : A pot of hot water is boiling on your stove. The pot is in the shape of a round cylinder made of aluminum which is 10 cm in radius. calculate the change in entropy of the boiling water

How many fund shares will you receive : You wish to invest $17,445 in a mutual fund with a NAV of $26.03. The fund charges a front-end load of 4.50%. How many fund shares will you receive?

State or identify the metal cations present in the sparklers : Describe what data you need to collect and how you will use it to identify the metal cations present in the sparklers.

User Account

All Pages