What is the net asset value per share

Assignment Help Accounting Basics
Reference no: EM133111143

Question - The BIG Mutual Fund has assets of $16,200,000.000 as of December 31, 2021. This includes $583,200,000 in cash and $291,000,000 in derivative products. The fund has liabilities of $140,000,000. If the fund has 750,000,000 units outstanding, what is the "Net Asset Value Per Share (NAVPS)" of the BIG Mutual Fund?

Reference no: EM133111143

Questions Cloud

Appropriate use of the scarf model : Any additional effective, realistic, and appropriate use of the SCARF model will have bonus points.
Calculate the weighted average cost of capital : 1. In Excel, compute the cost of capital for the individual components in the capital structure, and then calculate the weighted average cost of capital.
Determine the type of contract : Suppose a bank wishes to sell $150 million in new deposits next month. Interest rates today on comparable deposits stand at 8 percent but are expected to rise t
What is current duration : 1. A government bond currently carries a yield to maturity of 6 percent and a market price of $1,168.49. If the bond promises to pay $100 in interest annually f
What is the net asset value per share : The fund has liabilities of $140,000,000. If the fund has 750,000,000 units outstanding, what is the "Net Asset Value Per Share (NAVPS)" of the BIG Mutual Fund
Calculate the risk of asset class : Part a: Based on the following information, calculate the risk of each asset class in relation to its annual historic return.
Difference between a stock dividend and a stock split : Most firms like to have their stock selling at a high PE ratio, and they also like to have extensive public ownership (many different shareholders).
What is an example of an anomaly : What is an example of an anomaly that once reported in research studies has attenuated? Is this positive or negative from the standpoint of market efficiency
How can businesses use the resources of the export : How can businesses use the resources of the Export-Import Bank of the United States to finance global business expansion?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd