FIN 3501 FIN3501 Week 4 Individual Work 1 Problems: 1, 2, and 5 (Everest University)

FIN 3501 Week 4 Individual Work 1 Problems: 1, 2, and 5 (Everest University)

1. What is the net asset value of an investment company with $10,000,000 in assets, $790,000 in current liabilities, and 1,200,000 shares outstanding?

2. If a mutual fund’s net asset value is $23.40 and the fund sells its shares for $25, what is the load fee as a percentage of the net asset value?

    5. Consider the following four investments.