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Q: 1. Calculating Net Asset Value. Given the following information, calculate the net asset value for the Boston Equity mutual fund. Total assets $240,000,000 Total liabilities
$8,000,000 Total number of shares $4,400,000
A: Total Net Asset value = 227,600,000
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User: 1. Calculating Net Asset Value. Given the following information, calculate the net asset value for the Boston Equity mutual fund. Total assets $240,000,000 Total liabilities $8,000,000 Total number of shares $4,400,000

Weegy: Total Net Asset value = 227,600,000
Controler|Points 2122|

User: Calculating Net Asset Value. Given the information below, calculate the net asset value for the Boston Equity mutual fund. Total assets $240,000,000 Total liabilities 8,000,000 Total number of shares 4,400,000 The net asset value per share is equal to the current market value of the mutual fund’s portfolio minus the mutual fund’s liabilities divided by the number of shares outstanding. For the above information, the net asset value is $50 as calculated below. Net asset value =

Weegy: Total Net Asset value = 227,600,000
patrick_hustla|Points 190|

User: Calculating Net Asset Value. Given the information below, calculate the net asset value for the Boston Equity mutual fund. Total assets $240,000,000 Total liabilities 8,000,000 Total number of shares 4,400,000

Weegy: Total Net Asset value = 227,600,000
patrick_hustla|Points 190|

User: Calculating mutual fund fees. In the prospectus for the Brazos Small Cap Fund, the fee table indicates that the fund has a 12b -1 fee of 0.35 percent and an expense ratio of 1.65 percent that is collected once a year on December 1. If Joan and Don Norwood have shares valued at $31,000 on December 1: a. What is the amount of the 12b-1 fee this year?

Weegy: what is the amount of the 12 b-1 fee for this year? answer:HI IF YOUR 12b-1 FEE IS 0.35% PER YEAR WHAT THIS MEANS IS YOU WOULD BE PAYING 35 cents FOR EVERY 100 dollars INVESTED SO $ 31000 / 100 = 310 X 35 cents = 10850 cents =108.5 [ [ [ dollars expense ratio if flate rate at 1.65% per year should be $31000 x 1.65/100 = $ 511.5 ] ] ]
Airyna|Points 70|

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Asked 7/2/2012 11:47:37 AM
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