What is the nav of the fund

Assignment Help Finance Basics

Reference no: EM133268850

Question - The closed fund is a closed end investment company with a portfolio currently worth $245 million. It has liabilities of $12 million and 17 million shares outstanding.

Required -

A. What is the NAV of the fund?

B. If the fund sells for $10 per share, what is its premium or discount at present of net asset value?

Reference no: EM133268850

Questions Cloud

Companies different managing roles : How different are the managing roles of W.L. Gore and Associates, Morning star and Apple Inc?

Explain and carefully analyse target corporation strengths : Question - Explain and carefully analyse Target corporation's strengths, opportunities, weaknesses and threats based on its recent annual report

Compute percentage for the four days : A study of a web site finds that over the course of the whole year 10% of people who visit actually initiate a transaction. The researchers then compute this pe

Compare the business styles : This will require a little bit of research! Compare the business styles of someone from Saudi Arabia *or* France *or* Japan *or* Germany *or* Brazil (pick one)

What is the nav of the fund : The closed fund is a closed end investment company with a portfolio currently worth $245 million. What is the NAV of the fund

Anishnaabe seven grandfather teachings : Create your code of ethics based on the Anishnaabe Seven Grandfather Teachings.

Limitations of ratio analysis for a lender to an agribusines : 1. Describe what financial ratios the Chief Operations Officer, the Chief Financial Officer, the bank loan officer for the firm, and a prospective investor migh

What is the price of the bonds : If the bonds are trading with a market's required yield to maturity of 16 percent, are these premium or discount bonds? What is the price of the bonds

What exponential returns in the starling bank uk company : A. What value in the Starling Bank UK Company is created - illustrated with a UVP

Reviews

Write a Review

Required(*) Message

Finance Basics Questions & Answers

Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages