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?
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 one among the following is a legumenous fodder:
Fowl Pox disease affects:
The category of weeds is characterized by a lifespan of more than two years and can propagate through various means such as underground stems,...
Which of following group of plant nutrients is as structural elements?
Which process is used to make the harvested tobacco leaf ready for the market?
White eye deficiency is found in which crop?
Carrot belongs to the family:
What is the objective of the International Millets and Other Ancient Grains Research Initiative (MAHARISHI)?
Full form of ICRISAT is
Seed priming improves the