Question
   A mutual fund has the following assets and
liabilities: Assets: Stocks: $100 million Bonds: $50 million Cash: $10 million Liabilities: Accounts payable: $5 million Accrued expenses: $2 million What is the NAV per unit of the mutual fund if there are 10 million units outstanding?Solution
To calculate the NAV per unit, we first need to calculate the total net assets of the mutual fund. This can be done by subtracting the total liabilities from the total assets: Total net assets = $100 million + $50 million + $10 million - $5 million - $2 million = $153 million. NAV per unit = $153 million / 10 million units = $15.30
The sum of the ages of a father and his son is 50 years. After 5 years, the father's age will be twice that of his son. What are their present ages?
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Let A be a 3 × 3 matrix such that |A ∣ =4. Then ∣ adj(adj(A)) ∣ equals:
155, 161, 173, 191, ?, 245
765 ÷ 25 × 100 ÷ 20 + 13 = x3 + 41, find 'x'
A container has 80 liters of a mixture of milk and water, with 60% milk. If 10 liters of water are added, what will be the new percentage of milk in th...
A rectangle has a length that is 4 cm more than its width. If the perimeter of the rectangle is 32 cm, find the dimensions of the rectangle.
If the mean of four observations is 20 and when a constant C is added to each observation the mean becomes 22 the value of C is –
The derivative of y = eË£ · cos(x) isÂ
Solve the inequality:
(3x – 4)/(x + 2) > 1
