What is the net asset value per share for cirrus

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Reference no: EM131559050

Cirrus Mutual Fund contains the following stocks in its portfolio including the number of shares and price per share of each stock.

Stock A: 100 shares; $15 per share.

Stock B: 50 shares; $30 per share.

Stock C: 220 shares; $12 per share.

Stock D: 30 shares; $45 per share.

The fund has issued 500 mutual fund shares to its investors and cash on hand is $1,875 (dividends less expenses). What is the net asset value per share for Cirrus?

Reference no: EM131559050

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