If a mutual fund has net assets of $294,000 and 16,800 shares, then each share has a net asset value of $17.50. Please select the best answer from the choices provided T F
Correct. You take the 294,000 and divide it by 16,800 (total number of shares). That means each share has a value of $17.50. Unless if there is part of the question I am missing, then I will try to help if you provide.
