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
Which figure is the correct representation of the movement of food in phloem?
In the following question, select the related number from the given alternatives.
19 : 323 :: 21 : ?
Select the combination of numbers that when placed sequentially in the blanks of the given series will complete the series.
m n _ p _ r s _ n _ p...
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Find which one word cannot be formed from the given letters of the word.
‘ MANIFEST ’
...
Which of the given figures when placed in the 5th position would continue the series that is established by the first four figures?
Select the figure from the given options that will come next in the following figure series.
